AE MTF Stochastic Signal Pro

AE-MTF Stochastic Signal Pro

Who is the indicator suitable for?

The indicator is designed for traders who trade manually using strategies based on momentum and return to the average. It is especially useful for those who work on several timeframes at the same time and want to see the senior TF signal directly on the work schedule, without switching between windows. The set of filters can be easily adapted to any trading style: from scalping to swing trading.

AE-MTF Stochastic Signal Pro is a professional indicator for MetaTrader 4, built on a classic stochastic oscillator with advanced multi—timeframe logic and a five-level filtering system. The indicator displays entry signals in the form of arrows directly on the price chart — without redrawing and without lag. Each signal is sequentially checked using independent filters, which significantly reduces the number of false inputs compared to conventional stochastic.

Filters:

Filter 1 — EMA trend direction.
Two exponential moving averages are calculated — fast and slow. When the fast EMA is higher than the slow one, only BUY signals are allowed. When lower— only SELL. The averaging method (SMA, EMA, SMMA, LWMA), period, and price basis are configured separately.

Filter 2 — Overbought and oversold zones.
A BUY signal is formed only if at least one of the lines (%K or %D) is at or below the oversold level. SELL — only if at least one line has reached the overbought zone. The thresholds are configurable, with 20 and 80 by default.

Filter 3 — Border level crossing.
Optional mode: the signal is formed not just when the line is in the zone, but at the moment of crossing the level of 20 or 80. This captures the exits from extreme zones — the most accurate turning points.

Filter 4 — Candle confirmation.

Key features:

Multi-timeframe. 
Stochastic is calculated from any timeframe and is displayed on the current chart. Standard periods are supported.

Minimum interval between signals. The adjustable number of bars between two adjacent signals eliminates arrow clustering during periods of high volatility.

Indicator Parameters:

Stochastic: 
TimeFrame (calculation timeframe, drop-down list), 
KPeriod (%K period, 5 by default), 
dPERIOD (period %D, default 3), 
Slowing (deceleration, default 3), 
MAMethod (MA method: 0=SMA, 1=EMA, 2=SMMA, 3=LWMA), 
PriceField (0=High/Low, 1=Close/Close).

Signal Filters: 
UseZoneFilter (zone filter, on/off), 
OversoldLevel (oversold level, default is 20), 
OverboughtLevel (overbought level, 80 by default), 
UseLevelCrossFilter (signal only when crossing the level), 
SignalOnBarClose (signal only when the bar is closed), 
MinBarsBetweenSignals (minimum bars between signals, 5 by default), 
UseCandleConfirmFilter (confirmation by candle).

The EMA filter: 
UseEMAFilter (on/off), 
EMA_Fast (fast EMA period, default 49), 
EMA_Slow (slow EMA period, 89 by default), 
EMA_Method, EMA_Price.

Additionally: 
EnableAlerts (on/off alerts), 
ArrowOffset (the indentation of the arrows from the candle in points, by default 30), 
EnableLogs (detailed logging on/off).
Altri dall’autore
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