Forex Stochastic Filter Trading Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Stochastic Filter Trading Strategy. Judging by its name, it is built around the Stochastic oscillator. In the code it works with the Stochastic oscillator. It can read another timeframe. It has 12 settings, for example Time Frame (default 0), KPeriod (default 14) and DPeriod (default 5). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Stochastic Filter Trading Strategy
Forex Stochastic Filter Trading Strategy is an indicator for MetaTrader 4 based on Stochastic. It can show data from another timeframe (MTF). It has 12 settings, such as Time frame, K period and D period. MQL source code included.
Files in the download: installation manual.txt, Stochastic_Filter_mtf.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 0 | Period or timeframe used by the calculation |
| K period | 14 | Period or timeframe used by the calculation |
| D period | 5 | Period or timeframe used by the calculation |
| Smooth | 3 | |
| Ma method | 0 | |
| Price field | 0 | PriceField: 0=Hi/Low 1=Close/Close |
| Overbought level | 76.4 | 61.80; |
| Oversold level | 23.6 | 38.20; |
| Use p k only | false | |
| Max bars to count | 1500 | |
| Ma method | SMA0 EMA1 SMMA2 LWMA3 | |
| Price field | 0=Hi/Low 1=Close/Close |
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