Advanced indicator of a professional trader MT4

Advanced indicator of a professional trader – is a professional indicator based on the popular Stochastic Oscillator.

Advanced indicator of a professional trader is an oscillator with dynamic overbought and oversold levels, while in the standard Stochastic Oscillator, these levels are static and do not change. This allows Advanced indicator of a professional trader to adapt to the ever-changing market.

When a buy or sell signal appears, an arrow is drawn on the chart and an alert is triggered, allowing you to open a position in a timely manner and avoid sitting at your PC all the time.

Advanced indicator of a professional trader is perfect for trading currencies (including cryptocurrencies) and binary options.

Advantages of Advanced indicator of a professional trader

• The indicator is suitable for scalping and intraday trading.
• It is possible to evaluate the effectiveness of the indicator on historical data.
• The indicator does not redraw (recalculate); signals are generated strictly on the “Close of the bar.”
• It can be used as a standalone tool or together with other indicators.
• System of notifications to email and mobile device on new indicator signals.
• Ability to customize the color scheme of the indicator.

Recommendations on using Advanced indicator of a professional trader

Buy signal: the indicator line crossing the oversold level upwards. If there are open sell positions, they should be closed.

Sell signal: the indicator line crossing the overbought level downwards. If there are open buy positions, they should be closed.

There may be situations with several consecutive signals in the same direction. In this case, open an additional position in the same direction without closing the previous one.

Several positions are to be closed only when an opposite signal appears.

Indicator Parameters

• K – Stochastic setting. Period for calculating the Stochastic %K line.
• D – Stochastic setting. Averaging period for calculating the %D line.
• Slowing – Stochastic setting. Slowing value.
• Method – moving average calculation method. The following options are available: 1-Simple, 2-Exponential, 3-Smoothed, 4-Linear Weighted.
• Line Mode – line to be used to plot the indicator: MAIN or SIGNAL.
• Alert – enable/disable Alert. If true – enabled, false – disabled.
• Email – enable/disable sending e-mails. If true – enabled, false – disabled.
• Push – enable/disable sending messages to the mobile terminal. If true – enabled, false – disabled.
• Arrow size – size of arrows on the chart (1 to 7).
• Buy – color of buy arrows.
• Sell – color of sell arrows.