Contrarian
This Old Kings indicator for MetaTrader 4 is called Contrarian. In the code it works with the Stochastic oscillator and moving averages. Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 4 indicator files 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 · v1.0 · Free
About Contrarian
Contrarian is an indicator for MetaTrader 4 based on Stochastic and Moving Average. MQL source code included.
Files in the download: Contrarian\#Signal_Bars_v6.ex4, Contrarian\contarian.tpl, Contrarian\Squidster.ex4, Contrarian\Squidster1.ex4, Contrarian\StochsOverBS.mq4.
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: Stochastic · Moving Average · MT4 Indicator · MQL4 Source Code