Username: enter your username that you received after purchase. Auto Refresh: If enabled, the indicator refreshes lines when the candle is closed or if you change the Timeframe or Symbol. If disabled, the indicator redraws only when you run the ” Calculate” script. S Period: you stochastic divergent forex set the periods of stochastic indicator.
Stochastic Method: you can set the price method. Stochastic Price: you can set the Stochastic price. Stochastic Timeframe: you can set the indicator’s timeframe. The arrows will appear only when the higher timeframe’s candle is closed to make sure that the candle’s configuration is validated and the divergence is fine. Line Chart: switch the indicator to draws divergence lines to the MT4’s Line Chart. Show Hidden Divergence: switch the type of divergence. Draw To Background: you can move the TrueTL’s objects to the background.
User Notification Corner: set the corner on the chart to show the user notification such as if your subscription expire soon, or a new update is released. Color Filter: switch the color filtering to the other trendlines or horizontal lines to alert. Alert Only For This Color: specify the color for the other trendlines or horizontal lines to alert just in case the “Color filter” is enabled. Break Alert After Close: alert at trendline breakout after the candle closed.
Break Alert Before Close: alert at trendline breakout before the candle is closing. Touch Alert: alert when price approaching a trendline. MT4 ID: specify a short message for you to identity which indicator alerted. Sound Alert: you can switch alert modes. Sound File: specify a sound file that plays a sound alert. Pictogram Alert: shows a wingdings character of the alert.
Pictogram Symbol: specify the wingdings character’s number. Pictogram Corner: specify corner on the chart to show the pictogram. Write Alert to File: write alert messages to file. STO Width 1: specify the width of the stochastic indicator’s MAIN line. STO Style 1: specify the style of the stochastic indicator’s MAIN line. STO Color 2: specify a color of the stochastic indicator’s SIGNAL line. STO Width 2: specify the width of the stochastic indicator’s SIGNAL line.
STO Style 2: specify the style of the stochastic indicator’s SIGNAL line. Up Arrow Color: specify a color of the up arrows. Up Arrow Symbol: specify the Wingdings character’s number. Down Arrow Color: specify a color of the down arrows.
Down Arrow Symbol: specify the Wingdings character’s number. Style: specify a color, width and style of the Bullish Regular Divergence lines. Style: specify a color, width and style of the Bullish Hidden Divergence lines. Style: specify a color, width and style of the Bearish Regular Divergence lines.
Style: specify a color, width and style of the Bearish Hidden Divergence lines. Risk warning Foreign exchange transactions carry a high degree of risk and any transaction involving currencies is exposed to, among other things, changes in a country’s political condition, economic climate, acts of nature – all of which may substantially affect the price or availability of a given currency. Speculative trading in the foreign exchange market is a challenging prospect with above average risk. You must therefore carefully consider your investment objectives, level of experience and appetite for such risk prior to entering this market.
Most importantly, do not invest money that you are not in a position to lose. In addition, trading on a margin basis means that any market movement will have a proportionate effect on your deposited funds. This can work for you as well as against you. The possibility exists that you could sustain a total loss of initial margin funds.