The FX AlgoTrader Stochastic Crossover Alert system is the latest alert based indicator product to emerge from the FX AlgoTrader stable.
The product is a highly configurable MT4 indicator which traders can use as part of thier own custom trading system. Traders can define their own threshold levels for overbought/oversold stochastics and receive alerts when the Main and Signal stochastic traces crossover.
Traders have the option to configure on screen alerts and also receive email based alerts.
The FX AlgoTrader Stochastic Alert Indicator has the following core functionality:-
'Touch' alert option - where the stochastics momentarily touch above or below the trader defined trigger thresholds
'Printed' alert option - where the stochastics have acually formed a crossover in the last chart period.
Email alert option
Configurable High and Low Trigger Zones - the system will produce alerts using default trigger zones of 20 and 80 but these can be tuned to any level the trader wishes.
Trigger Level Width, Style & Colour - the trader has full control over the look and feel of the trigger zones
Show Crossover Points Option - this allows the trader to physically see where physical crossovers which meet the system criteria have taken place.
Crossover Point Colour controls - traders can control the colour of the crossover arrows
Standard Stochastics control for k Period, dperiod and slowing to allow for fast, slow and custom configurations
Screenshot showing 'printed' ie physical stochastic crossover points denoted by green up arrows and yellow down arrows (colours are configurable)
On screen MT4 alerts showing stochastic crossovers
Email Alerts sent to specified email account
Email text body showing which currency pair or monitored asset stochastic crossover was triggered on and also the chart timeframe
RISK DISCLOSURE
The products on this site are trading tools and are not intended to replace individual research or licensed investment advice. Past performance does not guarantee future results. Trading currencies involves substantial risk, and there is always the potential for loss. No representation is being made that these products will guarantee profits or not result in losses from trading. Any explanation or demonstration of the product's operation should not be construed as a trade recommendation or the provision of investment advice. The purchase or sale of a currency can only be performed by a licensed Broker/Dealer.