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MT4-FJ Stochastic Alerts

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This indicator is intended to solve all kind of lines K and D crosses to generate different alerts when needed, and multicolored K line.


Features

  • You can define an Stochastic as you could do on MetaTrader native Stochastic indicator, all the parameters are copied to get it.
  • You can show all the K and D lines crosses
  • You can select from all the K and D crosses only those that accomplish a minimum angle to filter crosses that aren't made with enough strength
  • You can generate alerts when Oversold and Overbought areas are reached
  • When it leaves those areas too
  • You can define the level areas for Oversold and Overbought
  • You can define 2 time windows to show the crosses
  • You can define if you want alerts on main MT4 window, messages to your mobile phone, or by e-mail
  • K line can be defined with different color if it moves up or down

May be you could find useful to add 2 of my stochastics at the same chart. The first one configured quick to show you the crosses between K and D lines. And a second one slow, configured only to show you whet it enters to overbought or oversold areas.


Indicator Parameters

  • KColorGoingUp - Choose here the color that you want for the Stochastic K line when it moves UP
  • KColorGoingDown - Stochastic K color line when it moves DOWN
  • DColor=clrSalmon - Color of the secondary D Line of Stochastic
  • UpArrowColor - When selected crosses between K and D lines appear, you can define here the color of the arrow that is drawn over the Stochastic chart
  • DownArrowColor - The color of the arrow that is drawn over the Stochastic chart when a down signal appears
  • KPeriod - The same parameter used to build an standard stochastic - Periods to calculate K line
  • DPeriod - The same parameter used to build an standard stochastic - Periods to calculate D line
  • Slowing - The same parameter used to build an standard stochastic - Slowing parameter
  • MA_Method - A select box where you can choose the method of Moving Average, the same as a common MA_Method parameter from the standard indicator
    • Simple
    • Exponential
    • Smoothed
    • Linear Weighted
  • PriceType - A select box where you can choose the type of price, the same as a common price type parameter from the standard indicator
    • Low/High
    • Close/Close
  • ShowK_D_Crosses - A Select type box to select if you want or not to show crosses signals over the chart
  • ShowK_D_CrossesSignalsOnlyWithGoodAngle - For some people it is useful if you select only the best crosses and the angle that it produce is interesting for people
  • Angle_Amount_From_1_to_89 - The amount of angle. Between 80 and 89 are the most significant force in angles
  • ShowK_EntriesToOverSoldOverBoughtAreas - It will allow you to select if you need to be alerted when it enters to oversold or overbought areas
  • ShowK_ExitsFromOverSoldOverBoughtAreas - The same as previous parameter but for exist from those areas
  • OverBoughtLevel - You can define here the level you want for Overbought, 80 or 75 for example
  • OverSoldLevel - 20 or 25 for example here
  • OnlyUseCrossesAtUserDefinedTimeWindow - Depending on the pair, index or stock you work on, you could find useful to select 2 timeframes to be alerted only between these two temporal window. This is a boolean, and if selected to true, the following parameters are needed
  • UserDefinedTimeWindow1_FromHour - First time Window. Introduce here an integer value to represent the hour value @Brokertime
  • UserDefinedTimeWindow1_FromMinute - The same for Minute @Brokertime
  • UserDefinedTimeWindow1_TillHour - Numerical integer for ending hour time
  • UserDefinedTimeWindow1_TillMinute - Integer for minute ending time
  • UserDefinedTimeWindow2_FromHour - This and the following parameters are for the second temporal window
  • UserDefinedTimeWindow2_FromMinute
  • UserDefinedTimeWindow2_TillHour
  • UserDefinedTimeWindow2_TillMinute
  • ShowAlertsOnWindow - Boolean, a select to define if you want to be alerted by the alerts MT4 window
  • SendNotificationToMobile - Boolean, define if you want to be alerted to your MT4 app on your phone or tablet
  • SendEmail - Boolean, you can be e-mailed to your e-mail one it is configured on your MT4 Platform