Forex King STS 2
Forex King STS 2 is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 23 settings, for example Lookback (default 1), buffer (default 0.0000) and Time Frame (default Current time frame). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 King STS 2
Forex King STS 2 is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 23 settings, such as Lookback, Buffer and Time frame. MQL source code included.
Files in the download: Forex_King-STS.mq4, MTF forex king sts .mq4, READ ME\.
Settings
| Setting | Default | What it does |
|---|---|---|
| Lookback | 1 | |
| Buffer | 0.0000 | |
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Signal method | 0 - Bar Zero (flickers), 1 - Bar 1 | |
| Signal method | 0 | |
| Arrow draw on | true | |
| Trade line on | true | |
| Alert window on | false | Turn this alert on or off |
| Alert sound on | false | Turn this alert on or off |
| Alert sms on | false | Turn this alert on or off |
| Rules only draw | false | |
| Signal with trend | false | |
| Averaging period | 1 | Period or timeframe used by the calculation |
| Arrow colors | Arrow Colors, for Rules qualified and R | Colour on the chart |
| Up qual color | Green | Colour on the chart |
| Dn qual color | Red | Colour on the chart |
| Up un qual color | MediumSeaGreen | Colour on the chart |
| Dn un qual color | Coral | Colour on the chart |
| Arrow size | 2 | |
| Std dev period | 12 | Period or timeframe used by the calculation |
| Atr period | 20 | Period or timeframe used by the calculation |
| Long period | 365 | Period or timeframe used by the calculation |
| Max bars to process | 2000 |
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 · Alerts · Multi-Timeframe (MTF) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code