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Stochastic Expansion Metatrader 4 Indicator

    The Stochastic Expansion indicator for MT4 is a modified version of the well known Stochastic Oscillator.

    It is being used to identify oversold and overbought levels.

    Trading Signals

    BUY: In uptrends: Wait for the blue line to cross above the 0 level.
    SELL: In downtrends: Wait for the red line to cross below the 0 level.

    Use in conjunction with trend analysis indicators/tools to determine entry signals. (avoid ranging markets)


    Download the Stochastic Expansion.mq4 indicator.

    GBP/USD Daily Chart Example


    How to install the Stochastic Expansion custom indicator in Metatrader 4?

    • Download the Stochastic Expansion.mq4 indicator to your computer.
    • Open your Metatrader 4 platform.
    • Open the data folder from the top menu.
    • Open the MQL4 folder.
    • Open the indicators folder.
    • Paste the indicator file in this folder.
    • Restart the trading platform.
    • Open any trading chart.
    • Attach the indicator to the chart.