The super Stochastic buy/sell indicator is a colored trend-following signals oscillator that works well for any pair and time frame.
It combines the traditional Stochastic oscillator with a moving average.
Super Stochastic uses a default 89-period for Stochastic and 9 for the moving average.
Buy and sell signals go as follows:
- A green oscillator line represents a buy signal.
- A red oscillator line represents a sell signal.
- A yellow oscillator line represents a neutral trend.
Feel free to experiment with the different indicator’s inputs settings to suit your needs and preferences.
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Download the “ml-ift stochastic mtf shadow 1_3 (alerts + arrows).ex4” MT4 indicator
Indicator Chart (EUR/USD H1)
The EUR/USD 1-Hour chart below displays the Super Stochastic Buy/Sell Metatrader 4 forex indicator in action.
Basic Trading Signals
Signals from the Super Stochastic Buy/Sell MT4 forex indicator are easy to interpret and goes as follows:
Buy Signal: Open a buy trade when the Super Stochastic indicator changes color from yellow (neutral) to green (bullish).
Place a stop loss below support or use your own preferred SL method.
Sell Signal: Open a sell trade when the Super Stochastic indicator changes color from yellow (neutral) to red (bearish).
Place a stop loss above resistance or use your own preferred SL method.
Super Stochastic + Kaufman Bands Forex Scalping Strategy
This MT4 strategy combines the power of two fast-reacting indicators: the Super Stochastic Buy Sell Indicator and the Kaufman Bands Indicator.
It is designed for traders who prefer clear trend signals and quick scalping entries.
The Super Stochastic uses a green line to signal buy conditions and a red line for sell conditions.
The Kaufman Bands react to volatility and show trend direction with blue dots in bullish conditions and red dots in bearish conditions.
Together, they create a simple but effective system that works well on M5 and M15 charts.
This strategy suits beginners and experienced traders who want a structured approach to capturing short bursts of momentum.
It focuses on clean trend confirmation, simple rules, and practical exits.
Buy Entry Rules
- The Super Stochastic green line appears, showing a buy signal.
- Kaufman Bands display blue dots, confirming a bullish trend.
- Enter a buy as soon as the candle closes with both conditions aligned.
- Set the stop loss below the nearest swing low or below the lower Kaufman Band.
- Take profit at 15–30 pips on M5 or 25–40 pips on M15.
Sell Entry Rules
- The Super Stochastic red line appears, showing a sell signal.
- Kaufman Bands display red dots, confirming a bearish trend.
- Enter a sell as soon as the candle closes with both conditions aligned.
- Set the stop loss above the nearest swing high or above the upper Kaufman Band.
- Take profit at 15–30 pips on M5 or 25–40 pips on M15.
Advantages
- Clear buy and sell trading signals for quick decision-making.
- Combines momentum and volatility for higher accuracy.
- Very easy to apply to fast intraday charts.
- Reduces false signals by requiring confirmation from both indicators.
Drawbacks
- Not suitable for long-term positions.
- Requires discipline to avoid early entries.
Case Study 1: EURUSD M5 Scalping Example
EURUSD was trending upward during the London session, and a green Super Stochastic line appeared shortly after a pullback.
At the same moment, Kaufman Bands shifted to blue dots, confirming bullish pressure.
A buy entry was triggered at 1.0915 with a stop loss set below the recent swing low at 1.0905.
The trend resumed smoothly, and the price pushed higher within minutes.
The take profit at 20 pips was reached at 1.0935.
Case Study 2: GBPJPY M15 Downtrend Scalping Example
GBPJPY entered a strong bearish trend after the Asian session.
A red Super Stochastic line appeared at the start of a new impulse wave.
Kaufman Bands also printed red dots, confirming that volatility was expanding in the sell direction.
A short entry was taken at 196.20 with a stop loss above the previous high near 196.45.
The pair continued falling for the next few candles and reached the 35-pip take profit target at 195.85.
Strategy Tips
- Stick to sessions with strong liquidity, especially London and early New York.
- Always wait for both signals to align; do not enter early if only one indicator fires.
- Use the lower time frames only when market momentum is clear and consistent.
- Consider moving the stop loss to breakeven after half of the target is reached.
Download Now
Download the “ml-ift stochastic mtf shadow 1_3 (alerts + arrows).ex4” Metatrader 4 indicator
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: chart window indicator
Customization options: Variable (time frame to use, Stochastic period, price to use for high, price to use for low, price filtering method, MA period, overbought level, oversold level, alerts), Width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, Daily, Weekly, Monthly
Type: trend oscillator
