Forex Stochastic Filter MT4 Indicator:
About the Forex Stochastic Filter MT4 Indicator
Using the Stochastic Filter indicator, you can find not only overbought and oversold zones, but also be able to determine the most significant reversals of the current trend. This will take your trading to a whole new level.Forget about slipping in the oscillators, be it Stochastic or RSI or some other oscillator. Stochastic Filter signals 100% do not redraw and do not require adjustment of parameters – the indicator will work equally well on any chart, even with default parameters.
- Deep – the number of bars to calculate the filter
- K – stochastic parameter K
- D – stochastic parameter D
- S- stochastic parameter S
- OS – oversold level
- OB – overbought level
Copy and paste the file 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)