Custom MT4 Stochastics Indicator needed | Forex Factory

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Custom MT4 Stochastics Indicator needed

  • #1
  • First Post: Nov 10, 2011 8:08pm Nov 10, 2011 8:08pm
I am looking for a MT4 indicator to shade the area between the Stochastic (%k) line to the 50% level light green if above it and light red if below the 50% level. It does not need the trigger line or any other levels besided the 50 level, but it would be nice to be able to change the colors of the shading and add and remove levels if needed.

Do you think that is possible?
  • #2
  • Nov 10, 2011 8:41pm Nov 10, 2011 8:41pm
Quoting netropolis
I am looking for a MT4 indicator to shade the area between the Stochastic (%k) line to the 50% level light green if above it and light red if below the 50% level. It does not need the trigger line or any other levels besided the 50 level, but it would be nice to be able to change the colors of the shading and add and remove levels if needed.

Do you think that is possible?

Try this one.

http://forex-indicators.net/mt4-indi...lor_stochastic
  • #3
  • Nov 10, 2011 9:05pm Nov 10, 2011 9:05pm
Here is an example of what I am looking for, but for MT4.
Attached Image
  • #4
  • Nov 13, 2011 5:54pm Nov 13, 2011 5:54pm
Is it possible to code a indicator for MT4 as decribed above? I do not know anything about coding a indicator.
  • #5
  • Edited 8:09am Nov 14, 2011 8:01am | Edited 8:09am
Search for Stoch Histogram

Try this one :
Attached File(s)
File Type: ex4 StochHistogram.ex4   3 KB | 1,156 downloads
It never gets easier, you just get better
  • #6
  • Apr 22, 2022 9:29am Apr 22, 2022 9:29am
Quoting cyber1
{quote} Try this one. http://forex-indicators.net/mt4-indi...lor_stochastic


That showing oversold and overbought of stochastic. Going below 20 level and above 80 level doesn't mean market Is overbought or oversold. Base on the formula of the stochastic.


Crossing below 20 level can mean fresh supply and above 80 level fresh demand zone for continuation and momentum of trend .
  • #7
  • Last Post: Apr 22, 2022 9:30am Apr 22, 2022 9:30am
Quoting netropolis
Is it possible to code a indicator for MT4 as decribed above? I do not know anything about coding a indicator.

Who here can code can't trade and doesn't study the market and price action also
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