Forex Stochastic Osob Scalping Strategy
Forex Stochastic Osob Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to the Stochastic oscillator and short scalping trades. It can send alerts. It has 21 settings, for example Note1 (default ___________Calculation__), Num Bars (default 5) and Max Bars (default 500). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 4 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 Osob Scalping Strategy
Forex Stochastic Osob Scalping Strategy is an indicator for MetaTrader 4. It can alert you with a pop-up, sound, email or push message. It has 21 settings, such as Note1, Num bars and Max bars. MQL source code included.
Files in the download: $$Nice Value Chart 1.0.ex4, $$Nice Value Chart 1.0.mq4, installation manual.txt, Stochastic Friendly.ex4, Stochastic OSOB.tpl, SuppRTF.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Note1 | ___________Calculation___________ | |
| Num bars | 5 | |
| Max bars | 500 | |
| Ob level | 8 | |
| Os level | -8 | |
| Note2 | ____________Design And Alerts___________ | |
| Alerts | False | Turn this alert on or off |
| Sound only | False | Turn this alert on or off |
| Sound only file | alert.wav | Turn this alert on or off |
| Candle size | 5 | |
| Up | Green | |
| Down | Maroon | |
| OB | White | |
| OS | White | |
| Enable colored level line | True | Colour on the chart |
| Up color | Green | Colour on the chart |
| Down color | Red | Colour on the chart |
| Enable price line | False | |
| Price line color | Black | Colour on the chart |
| Note3 | +++_____Expert_____+++ | |
| Hide info | False |
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: Scalping · Stochastic · Alerts · MT4 Indicator · MQL4 Source Code