Stochastic Momentum Index (SMI) Indicator MT4

Introduction to the Stochastic Momentum Index Indicator The Stochastic Momentum Index Indicator is a technical analysis gauge that analyzes price momentum. Its calculations are based on the closing price relative to the median range (high-low) of the currency pair price over a specified period. The SMI indicator is considered an improved version of the standard…

Stochastic Cross Alert Indicator MT4

Introduction to the Stochastic Cross Alert Indicator The Stochastic Cross Alert Indicator is, as the name suggests, based on a popular technical indicator of the family of the oscillators. The oscillators define when the market is overbought and oversold. That gauge isn’t an exception, but it provides signal alarms in the form of buy/sell arrows,…

Stochastic of Hull Average Indicator

Introduction to the Stochastic of Hull Average Indicator The Stochastic of Hull Average Indicator is, as the name suggests, a combination of Stochastic Oscillator and Hull indicator. The Hull period is set to 32, and the Stochastic period is also set to 32. As you can see, the signal line is either blue or pink.…

Stochastic Divergence Indicator

Introduction to the Stochastic Divergence Indicator The Stochastic Divergence Indicator automatically recognizes divergences between price and Stochastic Oscillator. When the signal is spotted, it plots a buy/sell arrow accordingly. That technique defines the potential reversal of the market. The Stochastic Divergence Indicator fits all kinds of timeframes and currency pairs. It is displayed in a…

Stochastic RSI Indicator

Introduction to the Stochastic RSI Indicator The Stochastic RSI Indicator (Stoch RSI) was developed to increase the sensitivity and reliability of the regular RSI indicator when it comes to trading off overbought/oversold RSI levels. In other words, it is used in forex technical analysis to provide a stochastic calculation to the RSI indicator. Of course,…

RSI Triple Stochastic Divergence Indicator

Introduction to the RSI Triple Stochastic Divergence Indicator The RSI Triple Stochastic Divergence indicator is a marvelous buy/sell signals indicator that is based on the Relative Strenght Index (RSI) and a custom Triple Stochastic technical indicator. The values provided by that gauge fluctuates between two extreme values: 28 and -28. There is a special gray…

Colored Stochastic Indicator MT4

Introduction to the Colored Stochastic Indicator The Colored Stochastic indicator for MT4 is, as the name suggests, a custom stochastic forex gauge that colorizes the oscillator when it reaches overbought/oversold levels. You can set alerts when that situation occurs or you can even set arrows to display on the chart. It fits all kinds of…

Stochastic Elasticity Indicator

Introduction to the Stochastic Elasticity Indicator The Stochastic Elasticity Indicator is a forex trading tool that tries to predict a change in price direction. The higher bar occurs, the higher probability of trade reversal is underway. You can use it to support your trade entry points and exit decisions. We suggest utilizing it as an…

Double Smoothed Stochastic

Double Smoothed Stochastic How to install the Double Smoothed Stochastic on your Metatrader 5 trading platform? Download the indicator by clicking “LINK” button at the bottom of this post. Copy and paste the Double Smoothed Stochastic files into following folder of your Metatrader 5 (MT5) platform: MQL5 > Indicators. You can gain access to the…

Momentum ATR Normalized Signal Indicator MT4

The Momentum ATR Normalized Signal Indicator MT4 is a simple trading tool that operates similarly to other momentum oscillators. Comparable to the RSI, this indicator displays two lines on the chart: the momentum line and the signal line. Its oscillation range falls between 5.4 and -5.2. That forex indicator is free to download. Sounds interesting?…