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Forex Stochastic Strikeam SW Indicator

Forex Stochastic Strikeam SW Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is the Stochastic oscillator. Its source code uses the Stochastic oscillator and moving averages. It draws arrows on the chart. It has 11 settings, for example Period MA1 (default 34), Period MA2 (default 5) and Price MA1 (default 4). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Strikeam SW Indicator

Forex Stochastic Strikeam SW Indicator is an indicator for MetaTrader 4 based on Stochastic and Moving Average. It draws buy and sell arrows on the chart. It has 11 settings, such as Period ma1, Period ma2 and Price ma1. MQL source code included.

Files in the download: installation manual.txt, stoch_strikeam_sw1.ex4, stoch_strikeam_sw1.mq4.

Settings

SettingDefaultWhat it does
Period ma134Number of bars in the calculation
Period ma25Number of bars in the calculation
Price ma14
Price ma24
Method ma10
Method ma20
K period5Period or timeframe used by the calculation
Slowing3
Ma method0SMA 0, EMA 1, SMMA 2, LWMA 3
Price field0Low/High 0, Close/Close 1
TF0Period or timeframe used by the calculation

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Stochastic · Buy/Sell Arrows · Moving Average · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria