The Stochastic 3 TF Forex indicator delivers Stochastic buy and sell trading signals based on 3 different time frames (MTF).
You can choose the time frames yourself!
- Colored blue bars positioned above the 0.00 level indicate bullish pressure.
- Colored orange bars positioned below the 0.00 level indicate bearish pressure.
The Stochastic 3 TF MTF indicator works for scalping, day trading and swing trading.
Indicator Example Chart (EUR/USD M5)
How to trade with it?
Open a buy trade as soon as the Stochastic 3 TF Forex indicator paints the first blue bar on the chart.
Open a sell trade as soon as the Stochastic 3 TF Forex indicator paints the first orange bar on the chart.
Close the trade when an opposite trading signal occurs on the chart.
Feel free to use your own favorite trading method to open and close trades with the Stochastic 3 TF indicator for Metatrader 4 .
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Input Parameters: Alert ON, K period, D period, slowing, period 1, period 2, period 3, color settings & style
Indicator type: Moving averages
Repaint? Does not repaint the Stochastic MTF bars.
Open the Metatrader 4 platform
From the top menu, click on “File”
Then click on “Open Data Folder”
Then double click with your mouse button on “MQL4”
Now double click on “Indicators”
Paste the 3-stochastic-v6.mq4 indicator in the Indicators folder.
Finally restart the MT4 platform and attach the indicator to any chart.
How to remove the indicator?
Click with your right mouse button in the chart with the indicator attached onto it.
Select “Indicator List” from the drop down menu.
Select the indicator and press delete.
How to edit the indicator’s inputs and parameters?
Right click with your mouse button in the chart with the indicator attached onto it.
From the drop down menu, click on indicators list.
Select the indicator from the list and press edit.
Now you can edit the indicator.
Finally, press the OK button to save the updated configuration.