Stochastic indicators for MT4

Re: Stochastic indicators for MT4

1311 by Banzai

Stoch (Signals and Trends)

Stoch (5,3,3) is used for entry signals.
Stoch (89,34,55) is used to define the trend.

If Stoch (89,34,55) is crossing down, the market is in a short-term downtrend.
Plot only RED signal arrows.

If Stoch (89,34,55) is crossing up, the market is in a short-term uptrend.
Plot only GREEN signal arrows.

Trades are taken only in the direction of the Stoch (89,34,55) trend.

So on Monday, December 29, 2025, you had 10 chances to short gold.

Stoch (Signals and Trends).mq4 Downloaded 120 times 20.63 KiB

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Re: Stochastic indicators for MT4

1312 by Banzai

Stochastic Tape

Coder: mladen

ahtf = automatic higher time frame

Please use this version.
This updated version has ahtf, interpolation, and arrows.

Also check out, Stoch (89,89,3), Stoch (34,5,10), Stoch (13,13,5).

And watch the divergence.

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Re: Stochastic indicators for MT4

1313 by Banzai

Banzai wrote: Mon Feb 03, 2020 6:45 pm

This January 2020 M1 scalping trading strategy is from tensoko, a Japanese indicator seller in Japan.

Here's the template and the Stochastic indicator to trade it.
The Magenta lines are %K
The SeaGreen lines are %D
When %K lines cross up %D, go LONG/BUY
When %K lines cross down %D, go SHORT/SELL

ahtf = automatic higher time frame
Now with arrows and mtf.

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A89A

Re: Stochastic indicators for MT4

1314 by A89A

mladen wrote: Wed Feb 15, 2017 9:04 pm This is a kind of correlation, divergence and stochastic indicator all in one

It shows the divergence of two symbols using stochastic as values and a criteria for divergence.

Posting the original description here too :

_____________________________
This one is from the book a friend sent to me : "Evidence-Based Technical Analysis Applying the Scientific Method and Statistical Inference to Trading Signals" from David A Ronson.
_____________________________

In one place (starting from page 430 ) the author is mentioning the use of stochastic (he calls it a "Channel normalization operator" but from a definition of it it is clear that it is what we usually refer to as "Stochastic") to detect divergences of two symbols.

The idea itself is simple and that is why I like it : 2 stochastics of a smoothed price are calculated for the current symbol and for the symbol that is used to comparison.

Then the difference of those 2 stochastics is calculated. The a further enhancement is done by one additional stochastic applied to this difference in order to get clearer and more usable values.

Dear mladen
are there any other forms of this indicator?? because when it reaches to 0 or 1 level, it becomes a flat line but I need to know exactly what happens in that areas!