Forex Dynamic Momentum Oscillator Stochastic Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Dynamic Momentum Oscillator Stochastic Indicator. Judging by its name, it is built around price momentum and the Stochastic oscillator. In the code it works with the Stochastic oscillator. It has 6 settings, for example Sto Period (default 14), Sto Slowing (default 3) and Sto Prices (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Dynamic Momentum Oscillator Stochastic Indicator
Forex Dynamic Momentum Oscillator Stochastic Indicator is an indicator for MetaTrader 4 based on Stochastic. It has 6 settings, such as Sto period, Sto slowing and Sto prices. MQL source code included.
Files in the download: dynamic_momentum_oscillator_of_stochastic.ex4, dynamic_momentum_oscillator_of_stochastic.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Sto period | 14 | Period or timeframe used by the calculation |
| Sto slowing | 3 | |
| Sto prices | 0 | |
| Average | 21 | |
| Average method | MODE_SMA | |
| Smooth | 5 |
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 · Momentum · Oscillator · MT4 Indicator · MQL4 Source Code