Forex Drake Delay Stochastic Indicator
From the Old Kings archive: Forex Drake Delay Stochastic Indicator, an indicator for MetaTrader 4. Judging by its name, it is built around the Stochastic oscillator. It has 4 settings, for example Slw (default 8), Pds (default 13) and Slwsignal (default 9). 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 Drake Delay Stochastic Indicator
Forex Drake Delay Stochastic Indicator is an indicator for MetaTrader 4. It has 4 settings, such as Slw, Pds and Slwsignal. MQL source code included.
Files in the download: Drake Delay Stochastic.ex4, Drake Delay Stochastic.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Slw | 8 | |
| Pds | 13 | |
| Slwsignal | 9 | |
| Barcount | 2000 |
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