Stochastic Channel indicator MT5

✔ NFA & FIFO COMPATIBLE

...made to work with most brokers

✔ ONE SINGLE PAYMENT

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✔ FREE LIFE UPDATES

...every time a version is released

The Stochastic parabola channel indicator for MetaTrader 5 draws a price channel based on the Stochastic indicator to identify trends and entry/exit points.

The Stochastic parabola channel draws the price channel on the chart and determines the trades entries and exits based on the Stochastic indicator.

Stochastic Parabola Channel Functions

The **Stochastic Parabola Channel** has two main purposes:
– it draws the price channel based on the **Stochastic indicator** = allows the traders to determine the trend and the price action and direction
– it plots the Stochastic lines on the chart = determines the trade entries and exits based on the **Stochastic oscillator**
The Stochastic channel can be displayed as linear channel, parabola (curved, same as below) or steps.

Stochastic Parabola Channel Chart examples

A chart showing the Stochastic channel displayed as a linear channel.

A chart showing the Stochastic channel displayed as a curved, parabolic channel.

A chart showing the Stochastic channel displayed as distinct steps.

Stochastic Parabola Channel Settings

The settings are basically the **Stochastic indicator’s** settings, with the extra inputs to determine the standard deviation factor, channel length (in bars), shift etc.

A screenshot of the Stochastic Parabola Channel indicator settings for MetaTrader 5.

Download Stochastic Parabola Channel free

Download a free version

⚠ fully functional but limited to trading on demo accounts

5 Comments

Eustache

This Stochastic Channel Indicator is quite reliable. I don't typically use many indicators, but this one is different. It actually works well and assists me in finding good trade setups. I'm a very satisfied customer.

Anonymous

This is a very good indicator. I appreciate how it clearly displays the trend and the channels. It took a short while to get the hang of it, but it has been a very rewarding experience. I highly recommend it to others.

Cipriana Tamara

this Stochastic Channel Indicator has been a blessing. I've been using it for a few weeks, and I'm consistently seeing positive results. It's absolutely worth the investment.

Martin

an excellent tool for my trading. It's so clear and provides great signals. My overall trading has improved significantly since I started using it.

Galene

The Stochastic Channel is a very useful tool, and I am very pleased with this purchase