Forex Steenmarter Binary Options Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Steenmarter Binary Options Strategy. In the code it works with the Stochastic oscillator, moving averages and ATR. It draws arrows on the chart and can send alerts. It has 23 settings, for example Num Bars (default 500), Sound ON (default false) and Email ON (default false). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 12 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 Steenmarter Binary Options Strategy
Forex Steenmarter Binary Options Strategy is an indicator for MetaTrader 4 based on Stochastic, Moving Average and ATR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 23 settings, such as Num bars, Sound on and Email on. MQL source code included.
Files in the download: !--MH Arrow Signals.ex4, !--MH Arrow Signals.mq4, !MoneyLine2.ex4, !MoneyLine2.mq4, #Stochastic_Cross_Alert_SigOverlayM_cw.ex4, #Stochastic_Cross_Alert_SigOverlayM_cw.mq4, installation manual.txt, KFSE Candle TF1Hr_Swing.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Num bars | 500 | |
| Sound on | false | Turn this alert on or off |
| Email on | false | Turn this alert on or off |
| 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 | SMA 0, EMA 1, SMMA 2, LWMA 3 |
| Price field | 0 | Low/High 0, Close/Close 1 |
| Over bought level | 80 | |
| Over sold level | 20 | |
| Show kd cross | false | |
| Show k obo scross | true | |
| Show d obo scross | false | |
| Note price | PriceField: Low/High = 0, Close/Close = | |
| Ma method | SMA0 EMA1 SMMA2 LWMA3 | |
| Rsi period | 4 | Period or timeframe used by the calculation |
| Ema period | 4 | Period or timeframe used by the calculation |
| Alert candle | 1 | Turn this alert on or off |
| Alert level up | 12 | Turn this alert on or off |
| Alert level down | 88 | Turn this alert on or off |
| Show chart alerts | false | Turn this alert on or off |
| Alert email subject | Turn this alert on or off | |
| Bar count | 500 |
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: Binary Options · Buy/Sell Arrows · Alerts · Stochastic · Moving Average · ATR · MT4 Indicator · MQL4 Source Code