Forex MTF Stochastic Indicator
This Old Kings indicator for MetaTrader 4 is called Forex MTF Stochastic Indicator. As the name suggests, the idea behind it is the Stochastic oscillator and several timeframes at once. In the code it works with the Stochastic oscillator. It can read another timeframe. It has 6 settings, for example Time Frame (default 0), KPeriod (default 5) and DPeriod (default 3). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 MTF Stochastic Indicator
Forex MTF Stochastic Indicator is an indicator for MetaTrader 4 based on Stochastic. It can show data from another timeframe (MTF). It has 6 settings, such as Time frame, K period and D period. MQL source code included.
Files in the download: 5MTF_Stochastic.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 0 | Period or timeframe used by the calculation |
| K period | 5 | Period or timeframe used by the calculation |
| D period | 3 | Period or timeframe used by the calculation |
| Slowing | 3 | |
| Ma method | 0 | |
| Price field | 0 |
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 · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code