00 STC V103
00 STC V103 is an indicator for MetaTrader 4 from the Old Kings collection. This copy is version 103. Its source code uses MACD. It draws arrows on the chart and can read another timeframe. It has 12 settings, for example time Frame (default 0), n Fast (default 23) and n Slow (default 50). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v103 · Free
About 00 STC V103
00 STC V103 is an indicator for MetaTrader 4 based on MACD. It draws buy and sell arrows on the chart and can show data from another timeframe (MTF). It has 12 settings, such as Time frame, N fast and N slow. MQL source code included.
Files in the download: 00-STC_v103.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 0 | time frame |
| N fast | 23 | EMA fast |
| N slow | 50 | EMA slow |
| N stochas | 10 | Stochas period |
| B double stochas | true | apply stochas twice |
| Applied price | PRICE_TYPICAL | 0:CLOSE 1:OPEN 2:HIGH 3:LOW 4:MEDIAN 5:TYPICAL 6:WEIGHTED |
| Level lo | 5 | lower level for long signal |
| Level hi | 95 | upper level for short signal |
| Clear lo | 25 | lower level to clear long turn |
| Clear hi | 75 | upper level to clear short turn |
| B alert | false | PlaySound() on signal |
| N max bars | 2000 | maximum number of bars to calculate, 0: no limit |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Buy/Sell Arrows · Multi-Timeframe (MTF) · MACD · MT4 Indicator · MQL4 Source Code