Forex-Stochastic-Oscillator-Indicator
Watch the testing video here:
Stochastic Oscillator Metatrader 4 Forex Indicator
The Stochastic Oscillator is a very popular Metatrader 4 indicator and often used in forex strategies and systems.
The indicator fluctuates between 0 and 100.
Value 0 is extremely oversold, value 100 is extremely overbought.
The indicator is very often used to trade overbought and oversold market conditions in trending markets.
It works best combined with a trend indicator, for example, moving averages, Bollinger Bands, ADMI,..
Stochastic works for scalpers, day traders, swing traders and position traders.
Free Download
Download the “Stochastic.mq4” MT4 indicator
Example Chart
The EUR/USD H4 chart below displays the Stochastic Oscillator forex indicator in action.
