Forex Stochastic Force MT4 Indicator:
About the Forex Stochastic Force MT4 Indicator
Stochastic oscillator is a very well known tool used in technical analysis worldwide. It is a popular technical indicator for generating overbought and oversold signals.
This indicator is enhancing the power of stochastic and making it a more reliable tool for trading. Main features of this indicator are as follows:-
1 – Input settings for fast and slow period.
2 – Price smoothing factor for price pre-smoothing.
3 – Filter which acts as a threshold for stochastic filtering process.
4 – Over bought and over sold setting.
5 – Alerts generated according to OBOS settings.
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)