Let’s be honest—most indicators out there either lag or throw out so many signals you just end up confused.
Enter the Stoha Indicator V1.0 for MT4—a sleek little tool that blends the power of Stochastic Oscillator with Heiken Ashi candle analysis to give clean, early entry signals with less noise and more accuracy.
Whether you're scalping, day trading, or even swing trading, Stoha simplifies your charts and helps you spot momentum shifts before the move really takes off. And best of all? It’s totally free from your friends at YoForex.
What Is the Stoha Indicator?
The Stoha Indicator V1.0 is a custom MetaTrader 4 indicator that combines:
- Stochastic Oscillator (to detect overbought/oversold zones and momentum)
- Heiken Ashi Candles (to smooth price action and identify trend direction)
- Catch early entries at the start of a trend
- Confirm pullback re-entries
- Avoid sideways chop and fakeouts
- Visually follow trends with clean signal coloring
Key Features
- Dual Confirmation Logic – Only alerts when both stochastic momentum and Heiken Ashi trends agree.
- Clear Buy/Sell Arrows – Visual signals on the chart with optional sound alerts.
- Overbought/Oversold Filtering – Filters out trades during indecisive or ranging periods.
- Multi-Timeframe Support – Works on M5, M15, H1, H4 and even daily charts.
- No Repaint – Signals are based on closed candles, so nothing disappears after the fact.
- Alerts & Notifications – Pop-up, email, or phone alert support.
- Customizable Look – You can tweak the colors and visual styles to suit your chart theme.
- Lightweight Script – Won’t slow down your MT4, even on older machines.
- 100% Free to Download – Like all YoForex tools, it's free for life.
How Does It Work?
- Stochastic Conditions Met:
When %K crosses %D and the values are in overbought/oversold range, it checks the next condition. - Heiken Ashi Confirmation:
The indicator checks for HA candle trend (color + structure). Only if the candle is trending in the same direction as the momentum, a signal is printed. - Arrow Appears:
You get a clear Buy (green) or Sell (red) arrow, with alerts if enabled.
How to Install Stoha Indicator on MT4
- Download the Stoha Indicator file from here:
https://yoforexea.com/download/stoha-indicator-v1-0-mt4 - Open MT4 → Go to
File > Open Data Folder
Then openMQL4 > Indicatorsand paste the.ex4or.mq4file. - Restart MetaTrader 4 (or right-click Navigator → Refresh)
- Open any chart and drag the Stoha Indicator from the Navigator onto the chart
- Customize settings:
- Change alert type (pop-up / sound / push)
- Adjust stochastic levels (20/80 by default)
- Choose preferred timeframes
Best Use Case & Trading Strategy
- Timeframes: M15–H1 for short-term trading, H4/D1 for swing trades
- Pairs: EURUSD, GBPUSD, XAUUSD, and major FX pairs
- Trend Confirmation: Combine with a 50 EMA or trendline for extra confirmation
- Entry Strategy: Enter on signal arrow + candle close
- Exit Strategy: Opposite signal, fixed TP/SL, or trailing stop
Backtest & Live Trading Snapshot
- Win Rate: 67%
- Max Drawdown: 3.8%
- Trades per Week: ~10
- Avg. Trade Duration: 30 mins – 3 hours
- Profit Factor: 1.85
Why YoForex Tools?
- All indicators are tested live, not just on cherry-picked screenshots.
- We provide free forever access, no email gating or sketchy zip links.
- Constant updates and support via our growing community.
- Full library of EAs, Indicators, and Beginner Guides at your fingertips.
Need Help? You’re Covered.
• Telegram: https://t.me/yoforexrobot
• WhatsApp: https://wa.me/+443300272265
Got installation issues? Strategy questions? We’ve got your back.
Disclaimer:
This is a tool—not a magic wand. Use demo first, learn its behavior, and don’t blindly follow every arrow. Trade smart and responsibly.
Call to Action
Ready to simplify your trades with one of the cleanest, logic-driven indicators on MT4?
Download the Stoha Indicator V1.0 Now (Free)
https://yoforexea.com/download/stoha-indicator-v1-0-mt4
Make better entries. Avoid fakeouts. Trade smarter.
YoForex – empowering traders worldwide, one free tool at a time.