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Advanced Stochastic Scalper Free for MT5

Advanced Stochastic Scalper Free for MT5 is a professional indicator based on the popular Stochastic Oscillator.

This product is an oscillator with dynamic overbought and oversold levels, while in the standard Stochastic Oscillator, these levels are static and do not change. This allows Advanced Stochastic Scalper Free to adapt to the ever-changing market.

When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely manner and avoid sitting at your PC all the time.

Advanced Stochastic Scalper Free  is a demo version that can be only run on USDCAD. Unlimited version can be purchased here:

https://www.mql5.com/en/market/product/30312


Advantages of the indicator

  • The indicator is suitable for scalping and intraday trading.
  • It is possible to evaluate the effectiveness of the indicator on history.
  • The indicator does not redraw (recalculate), signals are generated strictly on the "Close of the bar".
  • It can be used as a standalone tool or together with other indicators.
  • System of notifications to email and mobile device on new indicator signals.
  • Ability to customize the color scheme of the indicator.


Recommendations on using Advanced Stochastic Scalper Free

Buy signal: the indicator line crossing the oversold level upwards. If there are open sell positions, they should be closed. See screenshot #2.

Sell signal: the indicator line crossing the overbought level downwards. If there are open buy positions, they should be closed. See screenshot #3.

There may be situations with several consecutive signals in the same direction. In this case, open an additional position in the same direction without closing the previous one. See screenshot #4.

Several positions are to be closed only when an opposite signal appears.


Indicator Parameters

  • K - Stochastic setting. Period for calculating the Stochastic %K line.
  • D - Stochastic setting. Averaging period for calculating the %D line.
  • Slowing - Stochastic setting. Slowing value.
  • Method - moving average calculation method. The following options are available: 1-Simple, 2-Exponential, 3-Smoothed, 4-Linear Weighted.
  • Line Mode – line to be used to plot the indicator: MAIN or SIGNAL.
  • Alert - enable/disable Alert. If true - enabled, false - disabled.
  • Email enable/disable sending e-mails. If true - enabled, false - disabled.
  • Push enable/disable sending messages to the mobile terminal. If true - enabled, false - disabled.
  • Arrow size - size of arrows on the chart (1 to 7).
  • Buy - color of buy arrows.
  • Sell - color of sell arrows.

If you have any questions or suggestions, you can contact me via Profile: https://www.mql5.com/en/users/genino


Reviews 7
Sayadi Achraf
71528
Sayadi Achraf 2020.04.24 03:03 
 

Great Product!

Detleff Böhmer
1180
Detleff Böhmer 2019.10.16 19:18 
 

Danke für die Arbeit, ich komme mit dem Indikator sehr gut zurecht.

Mathias Funk
238
Mathias Funk 2019.05.21 18:55 
 

Hello Evgeny,

First of all, many thanks for this really good indicator that I have leased from you at the time.

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The Missing Edge You Need To Catch Breakouts Like A Pro. Follow a step-by-step system that detects the most powerful breakouts! Discover market patterns that generate massive rewards based on a proven and tested strategy. Unlock Your Serious Edge Get it here ► www.mql5.com/en/blogs/post/723208 Have access to the game changing indicator that will take your trading to the next level! How To Trade Execute your trades in 3 Easy Steps! Step 1: Trade Setup Enter a signal if Success Rate is
98 USD
Momentum Signal MT5
Lihong Guo
Momentum Signal (MS) (For MT5) is a forex or stock technical analysis indicator, it shows price Momentum, Oscillator and Trend. The chart shows bullish (buy) or bearish (sell) momentum strengths. The Momentum Signal (MS) is easy to interpret: 1. When Momentum Signal (MS) Histogram is above zero (Green), it is bullish, when it is below zero (Red), it is bearish. 2. When the Histogram crosses zero, color changes, it shows the trend changes. It is Buy or Sell signal. 3. Sound, Pop-up message, P
30 USD
Ticks Heiken Ashi
Andrej Nikitin
The Heiken Ashi indicator drawn using a tick chart. It draws synthetic candlesticks that contain a definite number of ticks. Parameters: option prices - price option. It can be Bid, Ask or (Ask+Bid)/2. the number of ticks to identify Bar - number of ticks that form candlesticks. price levels count - number of displayed price levels (no levels are displayed if set to 0 or a lower value). calculated bar - number of bars on the chart. Buffer indexes: 0 - OPEN, 1 - HIGH, 2 - LOW, 3 - CLOSE.
10 USD
FuTuRe 02 Phi Cubic Fractals Pack2
Claudio De Carvalho Aguiar
PACK 2 do Phi Cubic Fractals com opção para extender os indicadores no FUTURO, para o lado direito do gráfico Este produto contem os indicadores do   PACK 2 (ROC full / SAINT 8 / SAINT 17 / SAINT 34 / SAINT 72 ) + MODO FUTURO Phi ROC - indicador do tipo oscilador, semelhante ao MIMAROC, que é capaz de mostrar a direção e a força do mercado, bem como determinar o ponto de entrada ótimo; Phi SAINT - indicador do tipo oscilador, semelhante ao SANTO do Phicube, que é capaz de mostrar a direção e a
40 USD
Lighthouse MT5
Daniel Stein
⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat Lighthouse is an amazing precise and reliable support and resistance indicator. It displays the most important trading levels and draws them according to their relevance. If a level is clearly br
50 USD
AW Trend Predictor MT5
Alexander Nechaev
The combination of trend and breakdown levels in one system. An advanced indicator algorithm filters market noise, determines the trend, entry points, as well as possible exit levels. Indicator signals are recorded in a statistical module, which allows you to select the most suitable tools, showing the effectiveness of the signal history.  The indicator calculates Take Profit and Stop Loss marks. Important information:  To use the full potential of the indicator, we strongly recommend that you
55 USD
Range Bars Charting
Artur Zas
Range Bars for MetaTrader 5 is a unique tool for conducting technical analysis directly on the charts, as the indicator is an overlay on the main chart and range bars are calculated using real tick data. The trader can place and modify orders directly on the range bar chart (even with the use of one-click trading). Apart from range candles, the indicator also includes the most commonly used technical studies which are 3 moving averages (Simple, Exponential, Smooth, Linear-weighted, Volume-weight
45 USD
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[Deleted] 2019.01.07 17:41 
 

User didn't leave any comment to the rating

sunnychow
8620
sunnychow 2019.01.12 16:03 
 

Thanks for share

Mathias Funk
238
Mathias Funk 2019.05.21 18:55 
 

Hello Evgeny,

First of all, many thanks for this really good indicator that I have leased from you at the time.

Detleff Böhmer
1180
Detleff Böhmer 2019.10.16 19:18 
 

Danke für die Arbeit, ich komme mit dem Indikator sehr gut zurecht.

Sayadi Achraf
71528
Sayadi Achraf 2020.04.24 03:03 
 

Great Product!

Valentin Butorin
3851
Valentin Butorin 2020.07.23 15:10 
 

User didn't leave any comment to the rating

john whitehouse
95
john whitehouse 2020.10.14 09:01 
 

I haven't used it long enough to do a full assessment seems to me forex is unbeatable. It's just another system that doesn't work well enough. I have had too many losing trades but this indicator is worth a try it's free.

Reply to review
Version 9.0 2020.07.20
Update for new builds at the request of the terminal developers: https://www.mql5.com/en/forum/342948
Version 8.0 2020.04.23
New version: Accelerated calculation algorithm.
Version 7.0 2019.08.21
New version 7.0:
- Recoded indicator
- Fixed alert issue
Version 6.0 2019.05.01
The program is optimized for new versions of the terminal.