Forex Momentum Stochastic Osma Indicator
Forex Momentum Stochastic Osma Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to price momentum and the Stochastic oscillator. Its source code uses the Stochastic oscillator. It has 6 settings, for example KPeriod (default 10), DPeriod (default 6) and Slowing (default 4). 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 Momentum Stochastic Osma Indicator
Forex Momentum Stochastic Osma Indicator is an indicator for MetaTrader 4 based on Stochastic. It has 6 settings, such as K period, D period and Slowing. MQL source code included.
Files in the download: installation manual.txt, stochastic_osma_momentum.ex4, stochastic_osma_momentum.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| K period | 10 | Period or timeframe used by the calculation |
| D period | 6 | Period or timeframe used by the calculation |
| Slowing | 4 | |
| Ma mode | 0 | |
| Price field | 0 | |
| Show sto | true |
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 · Momentum · MT4 Indicator · MQL4 Source Code