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Red is overbought and blue is oversold by default and you can change the color later on the external indicator setting this is multi timeframe indicator that means it can show.
Stochastic candles mt4. The first candle must have an x pip long adjustable body for the first condition to be met the candle must also be below or equal to the 20 stochastic level for consecutive high candles or above or equal to the 80 stochastic level for consecutive low candles. You can set your own stochastic levels. Paints candles on the basis of stochastic.
Stochastic mtf method with m candle scalping. Candle 2 must also have an x pip long adjustable body for the condition to be met however it is not dependent on the stochastic levels. 4 ma candles indicator.
Stochastic candles indicator. Free download of the stochcandles indicator by scriptor for metatrader 4 in the mql5 code base.
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