#1 Slow Stochastic + BBands Stop MT4 custom indicator
Submitted by Edward Revy on April 27, 2008 - 04:10.
Trading setup
Currency pair: any
Time frame: any
Indicators: Slow Stochastic (5 ,3, 3)
BBands_Stop (also known as TopTrend indicator) default settings (20, 2)
BBands_Stop indicator can be your helping hand in confirming a trend, identifying trend change and setting stops.
Its appearance is pretty much self explanatory.
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THANKS FOR THIS INFORMATION
hi
thanx for this system
any one can find filter for bbmacd andicator?
Unfortunately, I can't. I'm not good at coding.
Kind regards,
Edward
Hi edward, can you make a pop out signal with sound for the BBands_Stop indicator when it changes colour?
You have to unzip it after downloading.
Kind regards,
Edward
hi,
The indicator is in zip file. when i down load into custom indicator, it is not going there.
Hi Abdul,
What do you mean? You can include these two indicators directly in the main chart. On the left side in MT4 you'll see Custom Indicators. In the list choose Moving Average, doubleclick and change the period of time if you want. You can do this twice or more times for another Moving Average. Good Luck!
Regards,
Jilles
hi edward
you have any link to download sma50 and sma200 indicator for met 4 platform
thanks
abdul
Hi BABATUNDE_OD,
you should use either one: BBands or TopTrend.
you understood it correctly about buying and selling in the uptrend and downtrend respectively.
Regards,
Edward
HI EDWARD,
SLOW STOCHASTIC+BBands STOP
JUST ANOTHER QUICK QUESTION, MAY SOUND STUPID BUT PLS DONT MIND ME.. I JUS WANT TO KEEP LEARNING!!
WHAT DO YOU MEAN BY '' PRICE TRADING ABOVE BOTH MOVING AVERAGES IS AN IDEAL UPTREND - LONG TRADES (I UNDERSTAND THIS MEANS BUY)'' AND PRICE TRADING BELOW BOTH MOVING AVERAGES IS AN IDEAL DOWNTREND- SHORT TRADES(I ALSO UNDERSTAND SHORT TRADES MEAN SELL).
I HOPE YOU UNDERSTAND MY QUESTION..
THANX..
BABATUNDE_OD
PLS SEND REPLY ALSO TO: babatunde_od(at)yahoo.co.uk
HI EDWARD,
ON THIS CHART, I HAVE BOTH BBands_Stop_v1.zip AND TOPTREND.zip INSERTED ON MY CHART, AND WHEN I PLACE MY CURSOR ON IT, IT ONLY SHOWS THAT I HAVE TOPTREND.zip , BUT ON THE LIST OF INDICATORS ON MY CHART IT TELLS ME I GOT BOTH INDICATORS ON THE CHART. MY QUESTION NOW IS ARE BOTH INDICATORS MEANT TO STAY ON TOP OF EACH OTHER LIKE I HAVE ON MY CHART, OR DO I HAVE TO USE EITHER OF THIS TWO BASED ON THE FACT THAT YOU SAID BBannds STOP IS ALSO KNOWN AS TOP TREND INDICATOR.
PLEASE ADVISE.....
OBVIOUSLY I GOT STOCHASTIC ON THE CHART AS WELL.
THANKS EDWARD AND THE REST OF THE GUYS OUT THERE... YOU GUYS ARE AMAZINNNNNNNNNNNNG!!!!!!!!
BABATUNDE_OD
PLS SEND ME EMAIL : babatunde_od(at)yahoo.co.uk
THANKS
Thank you, Joe
and welcome!
Regards,
Edward
Very nice idea! simple mechanism but wonderful and useful visual tool. I love it.
Congratulations and thanks, this is a precious site.
I have not yet found similar around the net :)
...except the strategy builders who are creating the russians. Another great idea.
Kind regards.
Joe from Italy
Hi Jon,
rather for spotting a trend direction. With it you can trade calm and open a position be it for the purpose of scalping or not.
Yes, I think it would actually ease the scalping challenge.
Regards,
Edward
Hi Edward
Thanks for yor reply.
Do you think this system suitable for Scalping?
Thanks
Jon
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