Forex Stochastic ITM Binary Options Strategy
Forex Stochastic ITM Binary Options Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around the Stochastic oscillator. Its source code uses moving averages. It draws arrows on the chart and can read another timeframe. It has 15 settings, for example Bands Period (default 20), Bands Shift (default 0) and Bands Deviations (default 2.0). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 15 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 Stochastic ITM Binary Options Strategy
Forex Stochastic ITM Binary Options Strategy is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart and can show data from another timeframe (MTF). It has 15 settings, such as Bands period, Bands shift and Bands deviations. MQL source code included.
Files in the download: FOREX STRATEGIST SR.ex4, installation manual.txt, 3_Level_ZZ_Semafor.ex4, Alfa_Profit.ex4, ASCTrend1i.ex4, Bands.mq4, FOREX STRATEGIST SR.ex4, itmf_sigalert.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Bands period | 20 | Bands Period |
| Bands shift | 0 | Bands Shift |
| Bands deviations | 2.0 | Bands Deviations |
| Time frame | 0 | Period or timeframe used by the calculation |
| Ma period | 13 | Period or timeframe used by the calculation |
| Ma shift | 0 | Bar shift (0 = current bar) |
| Ma method | MODE_SMA | |
| Applied price | PRICE_CLOSE | |
| Sar step | 0.02 | Step |
| Sar maximum | 0.2 | Maximum |
| Rsi period | 14 | RSI Period |
| K period | 5 | K Period |
| D period | 3 | D Period |
| Slowing | 3 | Slowing |
| Signal gap | 4 |
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 · Binary Options · Buy/Sell Arrows · Multi-Timeframe (MTF) · Moving Average · MT4 Indicator · MQL4 Source Code