MT4 indicator (Color_Stochastic.mq4)
Download indicator: Color_Stochastic.mq4
How to use Color Stochastic indicator
Color Stochastic indicator shows overbought and oversold levels.
Stochastic readings above 80 suggest market being overbought, Stoch line turns green;
Ability to see these areas at a glance helps to judge about trends and reversals.
While Stochastic stays above 80 (green line) - an uptrend is in progress.