Forex Stochastic MTF Level Alert Chopindic Indicator
Forex Stochastic MTF Level Alert Chopindic Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to the Stochastic oscillator, alerts and several timeframes at once. Its source code uses the Stochastic oscillator. It can send alerts and can read another timeframe. It has 17 settings, for example AS (default -- Alert Settings --), Play Alert (default True) and Alert Bar (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 2 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 MTF Level Alert Chopindic Indicator
Forex Stochastic MTF Level Alert Chopindic Indicator is an indicator for MetaTrader 4 based on Stochastic. It can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 17 settings, such as AS, Play alert and Alert bar. MQL source code included.
Files in the download: installation manual.txt, Stochastic_MTF_level alert try 6 chopindic.ex4, Stochastic_MTF_level alert try 6 chopindic.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| AS | -- Alert Settings -- | |
| Play alert | True | Turn this alert on or off |
| Alert bar | 0 | Turn this alert on or off |
| Upper alert level | 87 | Turn this alert on or off |
| Lower alert level | 13 | Turn this alert on or off |
| Note1 | Chart Time Frame | |
| Note2 | 1=M1, 5=M5, 15=M15, 30=M30 | |
| Note3 | 60=H1, 240=H4, 1440=D1, 10080=W1, 43200= | |
| Time frame | 240 | Period or timeframe used by the calculation |
| SS | -- Stoch Settings -- | |
| K period | 14 | Period or timeframe used by the calculation |
| D period | 3 | Period or timeframe used by the calculation |
| Slowing | 3 | |
| Note5 | 0=SMA, 1=EMA, 2=SMMA, 3=LWMA | |
| Ma method | 0 | |
| Note6 | 0=Hi/Low, 1=Close/Close | |
| Price field | 0 | PriceField: 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) · Alerts · MT4 Indicator · MQL4 Source Code