The MT4 True Stochastic Indicator is an incredibly powerful tool that helps you find hidden levels of overbought and oversold areas. It’s particularly powerful for traders who wish to play reversal strategies. We use this ourselves in our institutional trading strategies.
The MT4 True Stochastic Indicator is a project I created after I got sick of manually scanning for hidden areas of overbought and oversold areas. It is constantly being improved through useful feedback from the community. From this feedback, we’ve already started building the True Stochastic Indicator.
V3 | January 2023
V2 | November 2020
V1 | June 2020