Kase Permission indicators for MT4

Premier Technical Analysis Solutions

Kase StatWare has been around since 1992 and is a technical analysis trading indicator package developed by the acclaimed market technician and former energy trader Cynthia A. Kase. StatWare’s self-optimizing indicators help professional and individual traders to form a precise and systematic approach to discretionary trading and trade risk management.

Kase StatWare creates subscription-based technical analysis tools mainly for Stocks and Futures trading which can be subscribed to at a monthly cost.


Kase StatWare is only available for:

• Bloomberg (Kase Bars)
• CQG
• eSignal
• MultiCharts
• NinjaTrader (Xrange Bars)
• TradeStation (Kase Bars)

The Key "benefits" of using Kase Statware indicators are:

• Stops are automatically set to optimally balance, letting profits run with cutting losses.
• Automatically optimizes for range, volatility, and risk, which eliminates the need to always be changing settings.
• Generate color-coded entry signals by evaluating momentum, bar patterns, and more.
• Analyze multiple timeframes, filtering signals for accuracy and speeding up signal generation.
• Are based on rigorous statistical and mathematical principles, and are thus probability driven.

This topic is all about the Kase range of indicators that are available for professional trading platforms, but not so much for retail platforms such as MetaTrader.

Several traders and coders have reached out to Cynthia Kase in the past, but she was reluctant to provide any information or support for coding these tools on other platforms, so Mrtools & Mladen have helped retail traders by stepping-in and coding these tools for MT4.

Kase peak oscillator

This is Kase permission stochastic smoothed.

Kase dev stops made user friendly.

mrtools is on fire and these are super cool indies!!!!!!!!!!! thx u rijay for making this thread

mrtools wrote: Fri Oct 12, 2018 11:10 am Kase dev stops made user friendly.

Forex Station team team is awesome.

Nice 1 MrTools

mrtools wrote: Fri Oct 12, 2018 10:18 am This is Kase permission stochastic smoothed.

This is a kind of updated kpss. In the original it uses ema in it's calculation in this version there is an option to use dsema. Also added filtering to the prices and or stochastic final values. Alerts are on stochastic/signal cross.

camisa wrote: Thu Dec 23, 2021 3:46 am Hello mrtools

Could you please add full audio alerts to the attached indicator, please?

Added zero cross alerts.

Great to see this thread alive and revived. I've attached the article of Kase indicators to the first post: The Two Faces of Momentum - Kase indicators PDF as well as other useful information on Kase indicators.

Taking a step back, here are original indicators by Kase Statware which were coded by Mladen. Posting these up so we have a proper reference to these codes, here. Mrtools has posted an upgraded version above this post, but this is the standalone indicator.

Kase CD (Convergence Divergence)

This is a MACD type of Kase indicator using Kase Oscillator values.