Dynamic Stochastic Zone With Bollinger Bands MT4 Indicator

The Dynamic Stochastic Zone With Bollinger Bands MT4 Forex indicator generates high probability trading signals based on the Stochastic indicator and Bollinger Bands.

It’s a smart combination of two popular technical indicators that work well for identifying reliable buy/sell trade entry in both up-and down trending markets.

Just load the Dynamic Stochastic Zone With Bollinger Bands indicator onto the Metatrader 4 chart and start trading with it in minutes.

Key Takeaways

  • Reliable buy and sell trading signals for any pair.
  • Detects reversal trends in their early stages.
  • Standalone currency trading system.
  • Good for beginners.
  • Works for any trade style.

Feel free to explore the Dynamic Stochastic Zone With Bollinger Bands indicator’s different parameters and settings to create your own personalized indicator setup.

Download This MT4 Forex Indicator Free

Download the “dynamic-zone-stochastic.ex4” Metatrader 4 indicator

Indicator Example Chart (USD/CHF H1 Chart Example)

Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.

Finding Buy and Sell Triggers With The Dynamic Stochastic Zone With Bollinger Bands MT4 Indicator

Buy Signal: Open a buy order when the green and blue Dynamic Stochastic Zone signal lines cross the upper Bollinger Band upward.

Set your stop loss below the previous swing low, or use your own favorite stop loss method.

Close the buy trade when the green and blue signal line cross the lower Bollinger Band downward, or use your own favorite take profit method.

Alternatively, exit the buy trade for a predetermined take profit target.

Sell Signal: Open a sell order when the green and blue Dynamic Stochastic Zone signal lines cross the lower Bollinger Band downward.

Set your stop loss above the previous swing high, or use your own favorite stop loss method.

Close the sell trade when the green and blue signal line cross the upper Bollinger Band upward, or use your own favorite take profit method.

Alternatively, exit the sell trade for a predetermined take profit target.

Download This Forex Indicator Now

Download the “dynamic-zone-stochastic.ex4” MT4 indicator

Adjustable Parameters

Stochastic period, D period, slowing, draw Stochastic, bands period, colors, width, style.

More Info About This Indicator

Tradable Currency pairs: Any

Trading Platform: MT4

Time frames: M1, M5, M15, M30, H1, H4, D1, W1

Indicator Type: trend

Installation

Copy and paste the indicator in the MT4 indicators data folder.

Then restart the MT4 terminal and attach it to any chart.

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