Forex Blau Double Smoothed Stochastic Indicator
Forex Blau Double Smoothed Stochastic Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is the Stochastic oscillator. It has 10 settings, for example Stoch Period (default 20), Smooth A (default 20) and Smooth B (default 5). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 2 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 Forex Blau Double Smoothed Stochastic Indicator
Forex Blau Double Smoothed Stochastic Indicator is an indicator for MetaTrader 4. It has 10 settings, such as Stoch period, Smooth a and Smooth b. MQL source code included.
Files in the download: blau_double_smoothed_stochastic_.ex4, blau_double_smoothed_stochastic_.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Stoch period | 20 | Period or timeframe used by the calculation |
| Smooth a | 20 | |
| Smooth b | 5 | |
| Signal period | 5 | Period or timeframe used by the calculation |
| Signal ma mode | MODE_SMMA | |
| Show levels | true | |
| Level1 | 80 | |
| Level2 | 50 | |
| Level3 | 20 | |
| Zone color | C'30,33,36' | 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: Stochastic · MT4 Indicator · MQL4 Source Code