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New MT4 Signal
Step 1. Indicator Name and Description
Signal Name:
Name is required.
Signal Description:
Both 100sma and 200 sma crossed Wait for pull back Stochastic 40.8.6 overbought or oversold
Description is required.
Step 2. Indicator Rules (Order Sell and Buy conditions)
You need too add conditions for buy and sell signals. You can create multiple condition list. The signal is created when all conditions are passed. For example you can create a moving average cross and confirm with slower moving average.
Long (Buy) Position Conditions
1. Condition 1
Stochastic Main
%K:40, %D:8, Slowing:6, Price field: Close/Close, MA Method:LinearWeighted
Is Below
Constant Value (Horizontal Line)
Value:30
Remove
Add New BUY Condition
Short (Sell) Position Conditions
2. Condition 2
Stochastic Main
%K:40, %D:8, Slowing:6, Price field: Close/Close, MA Method:LinearWeighted
Is Above
Constant Value (Horizontal Line)
Value:70
Remove
Add New SELL Condition
Step 3. Additional indicator options
Check if you want the indicator to ring a sound and popup an alert
Click the button below only when you are finished with your indicator logic.
You need to add one or more conditions.
Create Signal Indicator
