Forex Entry Point 4
Forex Entry Point 4 — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses the Stochastic oscillator. It draws arrows on the chart. It has 14 settings, for example KPeriod (default 21), DPeriod (default 12) and Slowing (default 3). 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 Entry Point 4
Forex Entry Point 4 is an indicator for MetaTrader 4 based on Stochastic. It draws buy and sell arrows on the chart. It has 14 settings, such as K period, D period and Slowing. MQL source code included.
Files in the download: FXProSystems - best Trading Systems and Indicators.url, FOREX ENTRY POINT.ex4, FOREX ENTRY POINT.mq4, Forex Entry Point.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| K period | 21 | Period or timeframe used by the calculation |
| D period | 12 | Period or timeframe used by the calculation |
| Slowing | 3 | |
| Method | 0 | |
| Price | 0 | |
| Wpr | ||
| Wpr period | 14 | Period or timeframe used by the calculation |
| Zone high per | 70.0 | |
| Zone low per | 30.0 | |
| Modeone | TRUE | |
| Play sound buy | TRUE | Turn this alert on or off |
| Play sound sell | TRUE | Turn this alert on or off |
| File sound buy | analyze buy | Turn this alert on or off |
| File sound sell | analyze sell | Turn this alert on or off |
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: Buy/Sell Arrows · Stochastic · MT4 Indicator · MQL4 Source Code