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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
88844
Sayadi Achraf 2020.04.24 03:03 
 

Great Product!

Detleff Böhmer
1179
Detleff Böhmer 2019.10.16 19:18 
 

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

Mathias Funk
278
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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Karlo Wilson Vendiola
The Controversial 5-Step System That Professional Traders Use To Unlock Trading Success! Reversal Pro effectively combines price action, ideal location and reliable statistics in one smart algorithm. Understanding the market in this unique perspective allows you to recognize reversals professionally. Discover The Secret Of Professional Traders Get instant access ► www.mql5.com/en/blogs/post/716077 Copy & Paste what professional traders are doing right now! How To Trade Step 1: Trade Setu
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IndCorrelationTable
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IndCorrelationTable Ind Correlation Table - designed to help a trader trading in the Forex market using the method based on the correlation dependence of currency pairs. The correlation dependence between two instruments is calculated through the coefficient of K. Pearson and C. Spearman. The main function of the table is to output a formalized signal about the possibility of opening a "basket" of transactions in accordance with pre-set parameters, as well as the direction of transactions in acc
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Advanced Supply Demand MT5
Bernhard Schweigert
⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to  show double timeframe zones . You will not only be able to show a higher timeframe but to show both, the chart TF, PLUS the higher TF:  SHOWING NESTED ZONES . All Supply Demand traders will love it. :) Important Information Revealed Maximize the potential
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PipFinite Exit EDGE MT5
Karlo Wilson Vendiola
Did You Have A Profitable Trade But Suddenly Reversed? In a solid strategy, exiting a trade is equally important as entering. Exit EDGE helps maximize your current trade profit and avoid turning winning trades to losers. Never Miss An Exit Signal Again Monitor all pairs and timeframes in just 1 chart ► www.mql5.com/en/blogs/post/726558 How To Trade You can close your open trades as soon as you receive a signal Close your Buy orders if you receive an Exit Buy Signal. Close your Sell orde
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Automatic Trendline
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Every experienced trader knows that the trend lines should be paid the special attention in Forex trading. But plotting trend lines takes time, and there can be many of them on the charts… Do you want to learn how to quickly and easily automate this process? Then read on. There is a solution — smart and reliable trend line indicator, the Automatic Trendline . All you need to do is attach the indicator to the chart, and it will draw all possible trend lines for you. You just have to admire the re
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Volatility Pro
Evgeny Belyaev
The Volatility Pro is a professional indicator for the MetaTrader 4 platform This indicator can be used to calculate the volatility using two methods. It is also possible to apply a moving average to the volatility histogram. This indicator allows to easily identify the bars with high volatility, and it will also be useful for traders who trade the volatility breakouts. By purchasing this indicator, you will receive: Excellent indicator signals. Free product support. Regular updates. Unique in
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Prestige
Evgeny Belyaev
Prestige is a highly customizable trading robot for the MetaTrader 4. The EA is based on three popular indicators: RSI, CCI and Momentum. This trend-following robot makes deals only in the direction of the main trend. It also uses the trailing stop in trading, thus allowing to reduce the losses and to secure all gained profit on the account. All my developments:  https://www.mql5.com/en/users/genino/seller Parameters Indicator - indicator to be used for opening positions (RSI, CCI, Momentum). Pe
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Exclusive Trend
Evgeny Belyaev
Exclusive Trend is a trend indicator that can be used for scalping, as well as intraday trading. Exclusive Trend is another product of the Exclusive series, which includes Exclusive Scalper , Exclusive Trendline , Exclusive Average , Exclusive Stairs . Advantage of indicator: Generates minimum false signals. Perfect for scalping. Simple and easy indicator configuration. Recommendations on usage It is recommended to use the indicator during session movements to reduce the likelihood of fallin
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[Deleted] 2019.01.07 17:41 
 

User didn't leave any comment to the rating

sunnychow
8612
sunnychow 2019.01.12 16:03 
 

Thanks for share

Mathias Funk
278
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
1179
Detleff Böhmer 2019.10.16 19:18 
 

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

Sayadi Achraf
88844
Sayadi Achraf 2020.04.24 03:03 
 

Great Product!

Valentin Butorin
3876
Valentin Butorin 2020.07.23 15:10 
 

User didn't leave any comment to the rating

john whitehouse
85
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.