Ultra Trend
Back to products
Color Laguerre
MT5
Watch video
Click to enlarge

Stochastic MTF

The Stochastic MTF Indicator for MT5 is a useful and popular Forex trading tool. The indicator is based on the Stochastic Oscillator and provides traders with an effective way to identify potential entry and exit points in the market. It works by measuring the momentum of a currency pair and provides traders with an indication of when to enter or exit the market. The indicator is easy to use and provides traders with an accurate and reliable way to make informed trading decisions.

Trading Style

,

,

Indicator Type

Timeframe

Platform

Add to wishlist
0 People watching this product now!
Category:

Downloads - 99

Download now
Description

The Stochastic MTF Indicator (MT5) has emerged as a valuable and popular free tool for traders using the MetaTrader 5 (MT5) platform. This innovative indicator is designed to help traders identify potential trend reversals and potential entry and exit points, empowering them to make more informed trading decisions.

Features of the Stochastic MTF Indicator

The key feature of the Stochastic MTF Indicator is its ability to analyze the market using multiple timeframes. By combining the Stochastic Oscillator, a widely-used momentum indicator, with a multi-timeframe approach, the indicator provides traders with a comprehensive view of the market’s dynamics.

The Stochastic Oscillator component of the indicator plots a green and red lines that oscillates between 0 and 100, with values above 80 indicating overbought conditions and values below 20 indicating oversold conditions. This information can be used by traders to identify potential trend reversals and possible entry and exit points.

The multi-timeframe analysis feature of the Stochastic MTF Indicator allows traders to gain a deeper understanding of the market’s overall trend and to identify potential trading opportunities that may be missed when focusing on a single timeframe.

How the Stochastic MTF Indicator Can Benefit You

The Stochastic MTF Indicator offers a range of benefits to Forex traders, regardless of their experience level or trading style. By providing a comprehensive and user-friendly solution for identifying potential trend reversals and trading opportunities, this tool empowers traders to make more informed buy and sell decisions, potentially enhancing their overall trading performance.

For traders who are looking to capitalize on short-term market movements, the Stochastic MTF Indicator can be a valuable asset. By identifying overbought and oversold conditions, traders can time their entries and exits more effectively, increasing their chances of capturing profitable trends.

Additionally, the indicator’s ability to provide a multi-timeframe analysis can be particularly useful for traders who are looking to gain a deeper understanding of the market’s overall trend. By analyzing the market across different timeframes, traders can make more informed decisions and potentially improve their risk-reward ratios.

Indicator Settings

TimeFrame: Allows you to choose the time frame the indicator will be based on.

K Period: The first period used for the stochastic indicator calculation.

D Period: The second period used for the stochastic indicator calculation.

Slowing Period: The slowing period used for the stochastic indicator.

Applied MA Method for Signal Line: Selects the moving average method for the signal line.

Applied Price: Selects the price type used for the stochastic indicator calculations.

Conclusion

The Stochastic MTF Indicator (MT5) is a powerful and free tool that can revolutionize the way traders approach the Forex market. By offering a comprehensive and user-friendly solution for identifying potential trend reversals and trading opportunities, this indicator gives traders the edge they need to succeed in the fast-paced trading environment. Whether you’re looking to refine your existing trading strategy or explore new avenues for growth, the Stochastic MTF Indicator is a must-have addition to your trading arsenal. Download the indicator for free and unlock the full potential of the Forex market.

Reviews (0)

Reviews

There are no reviews yet.

Be the first to review “Stochastic MTF”

Your email address will not be published. Required fields are marked *

1 2 3 4 5
1 2 3 4 5
1 2 3 4 5

How to Install

How install MT4/5 indicator in the terminal?

To install an MT4/5 indicator in the terminal, follow these steps:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. 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

MT4
Quick view
Add to wishlist

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.
MT4
Quick view
Add to wishlist

Pullback Factor

Pullback Factor Indicator is a popular and new trend-following indicator designed for use in the forex market. It helps you to identify the end of a trend retracement and the resumption of the trend. With its unique algorithm, the indicator predicts the extent of a trend pullback, enabling traders to enter the market with precision and accuracy.
MT4
Quick view
Add to wishlist

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.
MT4
Quick view
Add to wishlist

TMA MACD

,
The TMA MACD indicator displays buy and sell entries when the MACD and the TMA line cross.
MT4
Quick view
Add to wishlist

Volatility Quality

,
The Volatility Quality Indicator is a useful and popular free Forex indicator for MT4 that helps traders identify the best entry and exit points in the market. This indicator is based on the ratio of the price range of a given period to the average true range of the same period. It helps traders determine the quality of the volatility of a currency pair. It is also a great tool for identifying support and resistance levels. The Volatility Quality Indicator is a great way to make informed decisions when trading Forex.
MT4
Quick view
Add to wishlist

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.
MT4
Quick view
Add to wishlist

CCI Divergence

,
The CCI Divergence Indicator for MT4 is a useful and popular free Forex indicator. It is used to identify potential reversals in the market by looking for divergences between price and the Commodity Channel Index (CCI). The indicator uses the CCI to determine when the market is overbought or oversold and when the trend is likely to reverse. It will then plot a divergence line on the chart to indicate potential reversal points. The CCI Divergence Indicator for MT4 is a great tool for traders of all levels and can be used to help traders make more informed decisions.
MT4
Quick view
Add to wishlist

Momentum Reversal Detector

The Momentum Reversal Detector Indicator is a useful and popular free Forex indicator for MT4. It is designed to help traders identify potential reversals in market momentum. The indicator uses a combination of moving averages, oscillators, and price action to generate signals when a reversal is likely. The Momentum Reversal Detector Indicator is a great tool for any Forex trader looking to capitalize on short-term reversals.