This indicator is an addition to the two signal already present on a standard indicator and it will print the original signals generated and also provide an alert for the current candle if this option is selected.
Buy
K% or D% Rise above Oversold.
Sell
K% or D% Falls below Overbought.
Two additional features added as well:
Buy
Simple K% - D% Crossover
K% - D% Crossover in Oversold.
Sell
K% - D% Crossover in Overbought.
Simple K% - D% Crossover
The signals generated while the market is in Oversold / Overbought From my experience are more reliable, so the "Simple" alert/signal is turned off by default.
Stochastic_Signal.mq4- (5.14 KiB) Downloaded 835 times
