Double Smoothed Stochastic Mt4 no repainting indicator is an alert indicator based on stochastic and Exponential moving average indicators, that get signal. used for scalping, day traders and swing trades also!
Time frame: any
how to trade with this indicator
Entry rules :
SELL :
If the signal of the indicator is red and Orange line.
Double Smoothed Stochastic > 80
BUY :
If the signal of the indicator is blue and Green line.
Double Smoothed Stochastic < 20
Close positions rules :
SELL : if the indicator get buy signal
BUY : if the indicator get sell signal
parameters:
Stochastic Period = 55
EMA Period = 15
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