Stochastic Cross Alert Indicator for MetaTrader 4 Download – Free – [TradingFinder]

The Stochastic Cross Alert Indicator is one of the MetaTrader 4 indicators that notifies traders of trading opportunities.

This indicator is an improved version of the classic stochastic, issuing alerts whenever a crossover occurs between the signal line and the stochastic line.

This feature helps traders identify entry and exit opportunities with greater accuracy.

Stochastic Cross Alert Indicator Table

The table below presents the specifications of the Stochastic Cross Alert Indicator:

Category	Oscillator – Signal & Prediction – Trading Tool
Platform	MetaTrader 4
Skill Level	Beginner
Indicator Type	Reversal – Lagging – Entry
Timeframe	Multi-timeframe
Trading Style	Scalping – Day Trading – Intraday Trading
Markets	Forex – Stocks – Indices

Bullish Trend Signal

In the 1-hour gold chart, the price is in an uptrend. The Stochastic Cross Alert Indicator has generated a buy signal when the signal line and the stochastic line crossed.

Traders can enter buy trades based on these signals in trend-following strategies.

Bearish Trend Signal

In the 1-hour USD/CHF chart, the price is forming lower highs and lower lows, indicating a downtrend.

Traders can use the Stochastic Cross Alert Indicator to receive sell signals when the stochastic lines cross, allowing them to enter short trades or other trading strategies.

Indicator Settings

Below are the Stochastic Cross Alert Indicator settings:

• Stochastic K: Adjusts the period of the K stochastic line
• Stochastic D: Adjusts the period of the D stochastic line
• Stochastic Slowing: Adjusts the slowing period of the stochastic line
• Stochastic MA Method: Sets the moving average method for stochastic
• Stochastic Price: Defines the price calculation method for stochastic
• Stochastic Overbought: Sets the overbought level for stochastic
• Stochastic Oversold: Sets the oversold level for stochastic
• Calculation: Determines whether calculations are based on candle open or candle close
• Alert Type: Allows selecting three alert modes:
• Stochastic Line Crossover
• Entering Overbought Zone
• Exiting Overbought Zone
• Alert: Enable/disable alerts
• Send Alert: Enable/disable alert notifications
• Send Email: Enable/disable email notifications
• Enable Draw Arrows: Enable/disable signal display on the chart
• Arrow Buy: Set the buy signal code based on MQL
• Arrow Sell: Set the sell signal code based on MQL
• Arrow Size: Adjust the size of signal arrows
• Lookback: Set the number of candles for calculation & chart display

Conclusion

The Stochastic Cross Alert Indicator is a signal and prediction indicator in MetaTrader 4 (MT4), alerting traders to trading opportunities when the stochastic lines cross.

This indicator is an ideal choice for traders looking for stochastic line crossovers or entry and exit signals from the overbought and oversold zones, helping to improve analysis and decision-making.