Forex EMA Stochastic Colored Binary Options Strategy
This Old Kings indicator for MetaTrader 4 is called Forex EMA Stochastic Colored Binary Options Strategy. Judging by its name, it is built around the Stochastic oscillator and moving averages. In the code it works with moving averages and ATR. It draws arrows on the chart and can send alerts. It has 13 settings, for example short atr (default 7), long atr (default 49) and triglevel (default 1.00). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 16 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 EMA Stochastic Colored Binary Options Strategy
Forex EMA Stochastic Colored Binary Options Strategy is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 13 settings, such as Short atr, Long atr and Triglevel. MQL source code included.
Files in the download: ATR ratio.mq4, Bands.mq4, Color Stochastic v1.04.ex4, EMA fast with ATR.tpl, EMA_Cross__SES__BDv8_12_31.ex4, EMA_Cross__SES__BDv8_12_31.mq4, ATR ratio.mq4, Bands.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Short atr | 7 | |
| Long atr | 49 | |
| Triglevel | 1.00 | |
| Bands period | 20 | Bands Period |
| Bands shift | 0 | Bands Shift |
| Bands deviations | 2.0 | Bands Deviations |
| Faster ema | 2 | |
| Slower ema | 15 | |
| Sound on | true | Turn this alert on or off |
| Faster mode | 0 | 0=sma, 1=ema, 2=smma, 3=lwma |
| Faster ma | 1 | |
| Slower mode | 3 | 0=sma, 1=ema, 2=smma, 3=lwma |
| Slower ma | 2 |
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 · Moving Average · Binary Options · Buy/Sell Arrows · Alerts · ATR · MT4 Indicator · MQL4 Source Code