Forex Hercs Stochastic Oscillator Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Hercs Stochastic Oscillator Indicator. Its name points to the Stochastic oscillator. In the code it works with the Stochastic oscillator. It draws arrows on the chart. It has 3 settings, for example K Period (default 12), D Period (default 4) and Slowing (default 3). 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 Hercs Stochastic Oscillator Indicator
Forex Hercs Stochastic Oscillator Indicator is an indicator for MetaTrader 4 based on Stochastic. It draws buy and sell arrows on the chart. It has 3 settings, such as K period, D period and Slowing. MQL source code included.
Files in the download: Hercs Stochastic Oscillator.ex4, Hercs Stochastic Oscillator.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| K period | 12 | 15 / 5 /5 vir die 1-m !!!5M = 15/3/5. |
| D period | 4 | Period or timeframe used by the calculation |
| Slowing | 3 |
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 · Oscillator · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code