The Multi FFX Stochastic Indicator is a useful and popular free Forex indicator for the MetaTrader 4 (MT4) trading platform. It provides traders with a powerful tool for gauging the strength of a trend and the momentum of price movements. The indicator is based on the Stochastic Oscillator and is composed of two lines. The main line is the Stochastic Oscillator, which is used to measure the strength of the current trend and the momentum of price movements. The second line is the Signal line, which is used to generate buy and sell signals. The Multi FFX Stochastic Indicator is easy to use and understand. The main line is displayed as a histogram with two colors. When the histogram is green, it indicates that the trend is strong and the momentum is increasing. When the histogram is red, it indicates that the trend is weakening and the momentum is decreasing. It can help traders identify potential buying and selling opportunities and measure the strength of the current trend. The indicator is easy to use and understand, making it a popular choice for many traders.
MT4
Multi FFX Stochastic
The Multi FFX Stochastic Indicator is a useful and popular free Forex indicator for the MT4 platform. The indicator works by combining the Stochastic Oscillator with the Moving Average Convergence Divergence (MACD) indicator. It can also be used to identify support and resistance levels. The indicator is easy to use and can be used by both experienced and novice traders.
| Indicator Type | |
|---|---|
| Trading Style | |
| Timeframe | |
| Platform |
Downloads - 2
0
People watching this product now!
Description
Reviews (0)
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
Power Trend
The Power Trend indicator for MT4 is a new and free popular forex technical analysis tool that helps traders identify trends, their direction, and strength visually in different colors. The colored histogram of the Power Trend indicator helps traders plan their trading strategies by providing insights into the trend's strength and maturity level. The indicator changes color to indicate weak or strong trends, allowing traders to maximize their profits and exit the trade at the right time. Download the Power Trend indicator for free and enhance your trading experience.
TRIX Indicator
The TRIX indicator is a new and popular technical analysis tool designed for the forex market wich available for free on the MT4 platform. TRIX uses triple exponential smoothing to identify trends and provide buy/sell signals based on crossovers and divergences. The indicator also helps traders identify overbought and oversold conditions, which can be used to make informed trading decisions. With its accuracy and simplicity, the TRIX indicator is quickly gaining popularity among forex traders.
Chaikin Money Flow
The Chaikin Money Flow (CMF) Indicator is a useful tool for forex traders that tracks the flow of money into or out of an asset. This free MT4 indicator is popular among traders and helps to identify potential price movements. The CMF Indicator uses both price and volume data to determine the strength of the trend and the likelihood of a reversal. It can be used to confirm buy and sell signals and to identify overbought or oversold conditions. Overall, it is a helpful tool for traders looking to gain an edge in the forex market.
Woodies CCI Arrows Oscillator
The Woodies CCI Arrows Oscillator Indicator is a popular MT4 technical analysis tool used by forex traders to identify trends and potential entry and exit points wich based on the Woodies CCI system, which helps traders to identify when a trend is strong and when it may be weakening. The arrows on the indicator show when the price is moving in a particular direction, and the oscillator provides additional confirmation of the trend's strength. The Woodies CCI Arrows Oscillator Indicator is a valuable addition to any trader's toolkit, and it can help traders make better-informed trading decisions.
Commodity Channel Index
The Commodity Channel Index (CCI) is a popular and useful Forex indicator used by many traders. It is a technical indicator that measures the momentum of price movements and helps to identify when a currency pair is overbought or oversold. It is easy to use and can help traders identify potential trading opportunities. The indicator is free to use on the MT4 trading platform and is one of the most popular indicators used by traders.
Profit Indicator
The Profit Indicator is a powerful and useful tool for Forex traders. It is one of the most popular and free indicators available for the MT4 platform and can be used to maximize profits and minimize losses. The Profit Indicator provides traders with an easy to read graphical representation of their current trading position. It shows the current open trades, the current profit/loss of the position, and the current balance of the account. With its easy to use interface and powerful features, the Profit Indicator is a great tool for any Forex trader.
Wave Trend Oscillator
The Wave Trend Oscillator Indicator is a popular and free Forex indicator for MT4 that is useful for both novice and experienced traders. This indicator is designed to detect the trend and momentum of the market and provide traders with a visual representation of the trend direction. It then plots the waves on a chart and provides traders with a signal when the trend has reversed or is about to reverse. This indicator is also customizable, allowing traders to adjust the sensitivity of the indicator to their own trading style. With the Wave Trend Oscillator Indicator, traders can easily identify the trend of the market and make informed trading decisions.
Vortex Indicator
The Vortex Indicator is a popular and free technical analysis tool designed for forex traders. This new MT4 forex indicator measures the direction and strength of trends using two lines that oscillate between zero and 100. It can be used to identify potential trend reversals, confirm trend direction, and signal trading opportunities. With its reliable signals, it's an essential tool for both beginner and experienced traders looking to improve their trading strategies.
Reviews
There are no reviews yet.