Super Stochastic Indicator MT4 Download – Free – [TradingFinder]

The Super Stochastic Indicator is an upgraded version of the classic stochastic oscillator that combines multiple analytical tools to generate stronger trading signals.

This trading tool marks crossover points between the signal line and the oscillator line and highlights overbought and oversold zones.

The super stochastic oscillator is compatible with various trading strategies because it can pinpoint trend reversalpoints and market momentum.

Super Stochastic Oscillator Specifications

Below are the detailed specifications of the advanced stochastic indicator.

Buy Entry Signal

According to the 1-hour Cardano (ADA) chart, the oscillator line turns red to indicate the oversold zone.

Following this, an upward movement of the lines signals a bullish trend. The indicator then marks the crossover point with a blue arrow, suggesting a potential entrypoint for buy trades.

Sell Entry Signal

The GBP/USD pair's 30-minute chart shows that the oscillator line turns green upon reaching the overbought zone.

A subsequent downward movement indicates a bearish trend. The indicator then marks the downward crossover point with a yellow arrow.

Super Stochastic Oscillator Settings

The following are the adjustable parameters of the Super Stochastic Indicator:

• K Period: Number of candles used to calculate the %K line
• Slowing Period: Smoothing period applied to the %K line
• D Period: Period for calculating the %D signal line
• MA Method: Type of moving average used for line calculations
• Stochastic Price: Price basis for oscillator calculation
• Overbought Level: Threshold for overbought conditions
• Oversold Level: Threshold for oversold conditions
• Buy Area: Zone used to confirm buy signals
• Sell Area: Zone used to confirm sell signals
• Off Buy/Sell Area Marking: Enables visual marking of buy/sell areas
• K Period Cross Marking: Enables marking of %K line crossovers
• K Period Cross Delay (Bars): Delay in displaying crossover signals (in bars)
• Overbought/Oversold Delay (Bars): Delay in showing entries into OB/OS zones
• Alerts ON: Enables alerts
• Alert on %K Cross: Triggers alert when %K crosses %D
• Message for K Cross Alert: Displays message on crossover
• Alert on Buy/Sell Area Leave: Triggers alert when oscillator exits buy/sell zones
• Message for Buy/Sell Area Leave: Message displayed upon exiting zones
• Alert on Overbought/Oversold Leave: Triggers alert when leaving OB/OS zones
• Message for Overbought/Oversold Leave: Displays message when OB/OS zone is exited
• Show Text Data: Displays numerical values of the oscillator on the chart

Conclusion

The Super Stochastic Indicator is a powerful technical analysis tool providing entry and exit signals. It also helps identify overbought and oversoldareas, making it easier to detect trend reversals.

The oscillator's flexible settings panel allows traders to customize their input values to suit various trading strategies.