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FDM Oscillator

This Old Kings indicator for MetaTrader 4 is called FDM Oscillator. In the code it works with the Stochastic oscillator and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 6 settings, for example note1 (default Chart Time Frame), note2 (default 0=current time frame) and note3 (default 1=M1, 5=M5, 15=M15, 30=M). 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 · v1.0 · Free

About FDM Oscillator

FDM Oscillator is an indicator for MetaTrader 4 based on Stochastic and ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 6 settings, such as Note1, Note2 and Note3. MQL source code included.

Files in the download: FDM Oscillator.mq4.

Settings

SettingDefaultWhat it does
Note1Chart Time Frame
Note20=current time frame
Note31=M1, 5=M5, 15=M15, 30=M30
Note460=H1, 240=H4, 1440=D1
Note510080=W1, 43200=MN1
Time frame0Period or timeframe used by the calculation

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Oscillator · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Stochastic · ATR · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria