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Stochastic Dashboard Metatrader 4 Forex Indicator

    The Stochastic Dashboard indicator displays the best Stochastic buy/sell trends for multiple timeframes in one handy to read dashboard.

    The indicator displays the Stochastic oscillator trend in the form of buy and sell arrows for M1, M5, M15, M30, H1 and H4 charts.

    A buy trend occurs when all arrows ( Stoch 1, Stoch 2, Stoch 3) trade in agreement.

    For a buy signal: all arrows must be colored green.

    For a sell signal: all arrows must be colored red.

    Stay aside when the arrow colors are mixed.

    It’s a good idea to check the Stochastic trend on the higher timeframe’s before making a buy/sell decision.

    Feel free to experiment with the indicator’s input values.

    Free Download

    Download the “DK Stochastic Indicator.mq4” MT4 indicator

    Example Chart

    The EUR/USD M1 chart below displays the Stochastic Dashboard indicator Metatrader 4 forex indicator in action.

    Basic Trading Signals

    Signals from the Stochastic Dashboard indicator MT4 forex indicator are easy to interpret and goes as follows:

    Buy Signal: Open buy trade position when all Stochastic arrows are colored green.

    Sell Signal: Open sell trade position when all Stochastic arrows are colored red.

    Tip: Check the Stochastic trend on the higher timeframes as well for better trend trading.

    Download

    Download the “DK Stochastic Indicator.mq4” Metatrader 4 indicator

    MT4 Indicator Characteristics

    Currency pairs: Any

    Platform: Metatrader 4

    Type: chart window indicator

    Customization options: Variable (3 X percent K, 3 x percent D, 3 x slowing) Width & Style.

    Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, Daily, Weekly, Monthly

    Type: oscillator

    Installation

    Copy and paste the DK Stochastic Indicator.mq4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.

    You can access this folder from the top menu as follows:

    File > Open Data Folder > MQL4 > Indicators (paste here)

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