Forex Stochastic Ranges Trading Strategy
Forex Stochastic Ranges Trading Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to the Stochastic oscillator. Its source code uses a trend filter. It draws arrows on the chart and can send alerts. It has 19 settings, for example TTFbars (default 9), t3 period (default 1) and b (default 0.7). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 12 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 Ranges Trading Strategy
Forex Stochastic Ranges Trading Strategy is an indicator for MetaTrader 4 based on Trend. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 19 settings, such as Tt fbars, T3 period and B. MQL source code included.
Files in the download: BtTrendTrigger-T-Signal.mq4, enLight_Channel_Draw (1).ex4, enLight_Channel_Draw (1).mq4, enLight_LRChannel_Draw (1).ex4, enLight_LRChannel_Draw (1).mq4, Essam with I-Stoch.tpl, Essam00.ex4, Essam00.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Tt fbars | 9 | 15=default number of bars for computation. |
| T3 period | 1 | Period or timeframe used by the calculation |
| B | 0.7 | |
| Ppor | 50 | |
| Mpor | -50 | |
| Bar begin | 1000 | <1000 recommended for faster speed, 0=All bars computed & plotted. |
| Colour | Cyan | Colour on the chart |
| Colour true | LawnGreen | Colour on the chart |
| Colour false | Red | Colour on the chart |
| Clear pole | false | |
| Bars for fract | 0 | |
| Sleep bars | 2 | |
| Start bar | 38 | |
| End bar | 5 | |
| Prev per | false | |
| App price | 0 | |
| Cci per | 14 | |
| Rsi per | 14 | |
| Arrows | true |
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 · Buy/Sell Arrows · Alerts · Trend · MT4 Indicator · MQL4 Source Code