Slope Scanner (STO) V1.4 MT4 MT5
The SlopeScanner(STO) V1.4 is a versatile tool designed to help traders monitor trend direction across multiple currency pairs and timeframes simultaneously by analyzing the slope of the Stochastic indicator. Unlike traditional indicators, this dashboard tracks the momentum and changes in slope, providing early insight into trend reversal or continuation.
✅ Key Features
| Feature | Description |
|---|---|
| ➤ Multi-Pair Monitoring: | Track multiple currency pairs in a single, consolidated dashboard. |
| ➤ Multi-Timeframe Analysis: | Evaluate trend momentum across various timeframes (M1 through MN1). |
| ➤ Smart Trend Detection: | Identify turning points based on the Stochastic slope changes & OB or OS conditions. |
| ➤ Stochastic Inputs: | Set your desired- KPeriod, DPeriod, Slowing, OB/OS levels |
| ➤ Real-Time Alerts: | Get Metatrader alerts immediately when slope direction changes. |
| ➤ Color-Coded Visuals: | Easy-to-interpret color signals indicating bullish, bearish, overbought (OB), oversold (OS) or neutral trends. |
| ➤ Clean & Compact Layout: | Well-organized display that fits neatly on your chart without clutter. |
💡 How It Works
The Stochastic is a momentum indicator that measures how quickly and strongly price moves. It helps traders identify overbought and oversold conditions-typically, values above 70 suggest overbought, and below 30 suggest oversold.
The dashboard instantly highlights changes in stochastic slope direction with a distinct color, signaling potential trend reversals or momentum shifts. When the Stochastic enters overbought or oversold territory, the status is clearly marked, allowing you to spot market extremes at a glance. These slope-based alerts often appear before traditional signals, giving you an early read on market dynamics and the opportunity to act ahead of the crowd.
⚙️ Input Parameters
🛒 How to Order?
Choose your required subscription plan below. All orders are processed within 24Hrs.
Got questions? Check out our full FAQ page.
