Elite60X 4
Elite60X 4 — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses RSI and the Stochastic oscillator. It draws arrows on the chart and can send alerts. It has 16 settings, for example note1 (default Stochastic settings), KPeriod (default 5) and KPeriod2 (default 5). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 7 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 Elite60X 4
Elite60X 4 is an indicator for MetaTrader 4 based on RSI and Stochastic. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 16 settings, such as Note1, K period and K period2. MQL source code included.
Files in the download: Elite60X\CandleTime.ex4, Elite60X\Elite60X.tpl, Elite60X\MarketPrice.ex4, Elite60X\ReversalDot.ex4, Elite60X\Slope.ex4, Elite60X\Stochastic X.mq4, Elite60X\SuperSignal.ex4, Elite60X\Trend.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Note1 | Stochastic settings | |
| K period | 5 | Period or timeframe used by the calculation |
| K period2 | 5 | Number of bars in the calculation |
| Slowing | 3 | |
| D period | 3 | Period or timeframe used by the calculation |
| D period2 | 3 | Number of bars in the calculation |
| Note4 | 0=sma, 1=ema, 2=smma, 3=lwma | |
| Ma method | 0 | |
| Note5 | 0=high/low, 1=close/close | |
| Price field | 1 | |
| Note6 | overbought level | |
| Over bought | 80 | |
| Note7 | oversold level | |
| Over sold | 20 | |
| Buy dot color | clrDodgerBlue | Colour on the chart |
| Sell dot color | clrRed | Colour on the chart |
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 · Alerts · RSI · Stochastic · MT4 Indicator · MQL4 Source Code