BB stops – stochastic – indicator for MetaTrader 5

  • Platform: Metatrader5
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • This version of Bollinger bands stops is applied to stochastic indicator.


    Unlike
    the original indicator (which can be used for stop loss settings), this
    version, due to the lack of the on-chart values, is directed into
    “trend” direction, and can be treated as a different way of having
    signal line on the stochastic.

    To help the usage usual set of
    alerts is already built in (along with multi time framing) and along
    with the features already known in the basic BB stops indicator, it is
    being extended by the usage of stochastic.

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  • How to install MT5 indicator?
  • 1. On the desktop, double-click to open the MT45 trading platform software you installed.
  • 2. Click on “File” in the upper left corner – “Open Data Folder”, double-click the MQL5 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT5, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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