Forex Four Time Frame Stochastic Bars Indicator
From the Old Kings archive: Forex Four Time Frame Stochastic Bars Indicator, an indicator for MetaTrader 4. Judging by its name, it is built around the Stochastic oscillator. In the code it works with the Stochastic oscillator. It draws arrows on the chart. It has 17 settings, for example note1 (default Stochastic settings), KPeriod (default 14) and DPeriod (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 Four Time Frame Stochastic Bars Indicator
Forex Four Time Frame Stochastic Bars Indicator is an indicator for MetaTrader 4 based on Stochastic. It draws buy and sell arrows on the chart. It has 17 settings, such as Note1, K period and D period. MQL source code included.
Files in the download: 4TFStochBars.ex4, 4TFStochBars.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Note1 | Stochastic settings | |
| K period | 14 | Period or timeframe used by the calculation |
| D period | 3 | Period or timeframe used by the calculation |
| Slowing | 3 | |
| Note2 | 0=sma, 1=ema, 2=smma, 3=lwma | |
| Ma method | 0 | |
| Note3 | 0=high/low, 1=close/close | |
| Price field | 0 | |
| Note4 | use WingDings font | |
| Bar symbol | 110 | |
| Bar width | 0 | |
| Bar color up | Lime | Colour on the chart |
| Bar color down | Red | Colour on the chart |
| Text color | Blue | Colour on the chart |
| Max bars | 150 | |
| Unique num | 1963 | |
| Periods | M15,M30,H1,H4 | Number of bars in the calculation |
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 · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code