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Maximize Your Trading with the Stochastic Histogram Alert for MetaTrader 5

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Hey traders! If you’re looking to up your game, the Stochastic Histogram Alert is a fantastic tool for your MetaTrader 5 setup. This indicator is designed to keep you in the loop by sending alerts right to your email or mobile when the main and signal lines cross, all while showing a color change in the signal cloud.

How to Set Up the Stochastic Histogram Alert

Let’s take a closer look at how you can configure this indicator to fit your trading style. Here are the input parameters you’ll want to adjust:

//+-----------------------------------+
//|   INDICATOR INPUT PARAMETERS      |
//+-----------------------------------+
input int KPeriod=5;
input int DPeriod=3;
input int Slowing=3;
input ENUM_MA_METHOD MA_Method=MODE_SMA;
input ENUM_STO_PRICE Price_field=STO_LOWHIGH;
input uint HighLevel=60; // overbought level
input uint LowLevel=40; // oversold level
input int Shift=0; // Horizontal shift of the indicator in bars
input uint NumberofBar=1; // Bar number to activate a signal
input bool SoundON=true; // Enable an alert
input uint NumberofAlerts=2; // Number of alerts
input bool EMailON=false; // Enable mailing the signal
input bool PushON=false; // Enable sending the signal to mobile devices

Visuals to Help You Out

It’s always good to have a visual reference. Check out these images to see how the Stochastic Histogram Alert works:

Fig1. Stochastic_Histogram_Alert. Intersection of the main and signal lines

Fig1. Stochastic_Histogram_Alert. Intersection of the main and signal lines


Fig. 2. Stochastic_Histogram_Alert. Activating an alert.

Fig. 2. Stochastic_Histogram_Alert. Activating an alert.

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