Fast Stochastic MetaTrader 4 Forex Indicator

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Fast Stochastic MetaTrader 4 Forex Indicator

is the indicator that shows ratio between the current close price and the maximum/minimum of the preset period of time. This means the indicator is calculated on the moving data window and shows the price change rate.

The Fast Stochastic is shown in a chart as two lines %K and %D.

Classical formula to compute the Fast Stochastic is the following:

%K(i) = 100*(Close(i) – MaxHigh(N)) / (MaxHigh(N) – MinLow(N));

%D(i) = MA(%K(i), P);

where:
Close(i) – close price of the current bar;
MaxHigh(N) – maximum High for N preceding periods;
MinLow(N) – minimum Low for N preceding periods;
MA – moving average;
N – the range of High/Low computation;
P – smoothing period for %D(i).

Fast Stochastic MetaTrader 4 Forex Indicator

Fast Stochastic MT4 Indicator – Download Instructions

In order to transform accumulated history data, you need to install a MetaTrader 4

It is a MetaTrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.

Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.

How to install Fast Stochastic indicator for MetaTrader 4.mq4?

Download indicator for MetaTrader 4.mq4
Copy Fast Stochastic to Directory / experts / indicators /
Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your mt5 indicator
Search “Custom Indicators” in your Navigator mostly left in your Metatrader 4 Client
Right click on Fast Stochastic for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
now indicator for MetaTrader 4.mq4 is available on your Chart

How to remove  Fast Stochastic Indicator for MetaTrader 4.mq4 from your Metatrader 4 Chart?

Select the Chart where is the Indicator running in your Metatrader 4 Client
Right click into the Chart
“Indicators list”
Select the Indicator and delete.

Related Indicator:ZeroLag MACD MetaTrader 4 Forex Indicator

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