Forex Stochastic Smart Trend Trading Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Stochastic Smart Trend Trading Strategy. As the name suggests, the idea behind it is the Stochastic oscillator and following the trend. In the code it works with the Stochastic oscillator and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example KPeriod (default 5), DPeriod (default 3) and Slowing (default 3). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 6 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 Smart Trend Trading Strategy
Forex Stochastic Smart Trend Trading Strategy is an indicator for MetaTrader 4 based on Stochastic and ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as K period, D period and Slowing. MQL source code included.
Files in the download: 100pips Momentum.ex4, NonLagMA_v5.ex4, s-StochTrend.ex4, s-StochTrend.mq4, Stochastic trend.tpl, [ORT] Supply_Demand_v3.ex4, [ORT] Supply_Demand_v3.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| K period | 5 | Period or timeframe used by the calculation |
| D period | 3 | Period or timeframe used by the calculation |
| Slowing | 3 | |
| Zone high per | 65 | |
| Zone low per | 35 | |
| Play sound buy | true | Turn this alert on or off |
| Play sound sell | true | Turn this alert on or off |
| File sound buy | gong1 | Turn this alert on or off |
| File sound sell | gong1 | Turn this alert on or off |
| Levelcolor | Brown | Colour on the chart |
| Back limit | 10000 | |
| Time frame | 0 | Period or timeframe used by the calculation |
| Time string | 0=Current, 60=H1, 240=H4, 1440=Day, 1008 | |
| Color support weak | DarkSlateGray | Colour on the chart |
| Color support untested | SeaGreen | Colour on the chart |
| Color support verified | Green | Colour on the chart |
| Color support proven | LimeGreen | Colour on the chart |
| Color support turncoat | OliveDrab | Colour on the chart |
| Color resist weak | Indigo | Colour on the chart |
| Color resist untested | Orchid | Colour on the chart |
| Color resist verified | Crimson | Colour on the chart |
| Color resist proven | Red | Colour on the chart |
| Color resist turncoat | DarkOrange | Colour on the chart |
| Zone show weak | true | |
| Zone fuzzfactor | 0.75 | |
| Zone solid | true | |
| Zone linewidth | 1 | |
| Zone style | 0 | |
| Zone show info | true | |
| Zone label shift | 5 | Bar shift (0 = current bar) |
| Zone show alerts | false | Turn this alert on or off |
| Zone alert popups | true | Turn this alert on or off |
| Zone alert sounds | true | Turn this alert on or off |
| Zone alert waitseconds | 300 | Turn this alert on or off |
| Zone merge | true | |
| Zone extend | true | |
| Fractals show | true | |
| Fractal fast factor | 3.0 | |
| Fractal slow factor | 6.0 | |
| Set globals | 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 · Trend · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · ATR · MT4 Indicator · MQL4 Source Code