Forex Stml Breakout Trading System
This Old Kings indicator for MetaTrader 4 is called Forex Stml Breakout Trading System. Judging by its name, it is built around breakouts from a range. It draws arrows on the chart and can send alerts. It has 4 settings, for example Do Entry Alerts (default false), Time Zone Of Data (default 2) and Pips For Entry (default 5). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 6 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 Stml Breakout Trading System
Forex Stml Breakout Trading System is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 4 settings, such as Do entry alerts, Time zone of data and Pips for entry. MQL source code included.
Files in the download: FiboPiv_v2.ex4, FiboPiv_v2.mq4, installation manual.txt, SDX-ZoneBreakout.ex4, SDX-ZoneBreakout.mq4, STLM_hist.ex4, STLM_hist.mq4, STML Brekout.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Do entry alerts | false | Turn this alert on or off |
| Time zone of data | 2 | time zone of metatrader charts |
| Pips for entry | 5 | |
| Count bars | 300 |
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: Breakout · Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code