Forex I Stoch Txt Indicator
This Old Kings indicator for MetaTrader 4 is called Forex I Stoch Txt Indicator. As the name suggests, the idea behind it is the Stochastic oscillator. In the code it works with the Stochastic oscillator and ATR. It draws arrows on the chart. It has 2 settings, for example k (default 5, s = 3, l = 20) and txt Color (default Brown). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file 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 I Stoch Txt Indicator
Forex I Stoch Txt Indicator is an indicator for MetaTrader 4 based on Stochastic and ATR. It draws buy and sell arrows on the chart. It has 2 settings, such as K and Txt color. MQL source code included.
Files in the download: installation manual.txt, iStochTxt.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| K | 5, s = 3, l = 20 | |
| Txt color | Brown | Colour on the chart |
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 · ATR · MT4 Indicator · MQL4 Source Code