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Stochastic3_v5 - Indicator for MetaTrader 4

Stochastic3_v5
TypeIndicators PlatformMT4 Version10 Date created21 August 2015 Date updated28 August 2017
Formatmq4 Size5.9Kb Downloads400 Rating
4.07 of 5
based on 14 rates

The indicator displays three histogram type stochastic oscillators with different periods in one window. When a stochastic enters the +/- 30 zone, the Alert text message appears, indicating that market is oversold or overbought.

When choosing a timeframe, it is enough to enter the desired period, and the indicator itself will prompt the most suitable time interval. Time in minutes is optional. For example, if you specify a value of 55, the indicator displays a stochastic hour, and when you enter 1500, it’s going to be a week.

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