22.03.2018
Futures trading for beginners
Stochastic3_v5 - Indicator for MetaTrader 4
TypeIndicators
PlatformMT4
Version10
Date created21 August 2015
Date updated28 August 2017
Formatmq4
Size5.9Kb
Downloads400
Rating
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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