Forex Stochastic Trend Signal Swing Trading Strategy
Forex Stochastic Trend Signal Swing Trading Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around the Stochastic oscillator, following the trend and buy / sell signals on the chart. Its source code uses the Stochastic oscillator. It can send alerts and can read another timeframe. It has 20 settings, for example Show Clock (default true), Clock Color (default Red) and Color Note (default --- Fibonacci colors ---). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 9 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 Trend Signal Swing Trading Strategy
Forex Stochastic Trend Signal Swing Trading Strategy 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 20 settings, such as Show clock, Clock color and Color note. MQL source code included.
Files in the download: #MTF Stochastic v2.0hio.mq4, #SpudFibo.mq4, b-clock modified.mq4, FiboPiv_v3.ex4, RMI.mq4, SMI.mq4, Stochastic Elasticity.mq4, STOCH_Bars_v2c.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Show clock | true | display time to candle close countdown |
| Clock color | Red | Colour on the chart |
| Color note | --- Fibonacci colors --- | Colour on the chart |
| Upper fibo color | Navy | Colour on the chart |
| Main fibo color | RoyalBlue | Colour on the chart |
| Lower fibo color | DodgerBlue | Colour on the chart |
| Time frame note | --- Timeframe for the high and low --- | Period or timeframe used by the calculation |
| Time frame not2 | {1=M1, 5=M5, 15=M15, ..., 1440=D1, 10080 | Period or timeframe used by the calculation |
| Time frame | PERIOD_D1 | Period or timeframe used by the calculation |
| Open time note2 | --- Open hour for daily timeframe --- | |
| Open time | 0 | |
| Time zone note | {0=ServerTime, 1=GMT, 2=LocalTime} | |
| Time zone | 0 | |
| Rmi period | 14 | Period or timeframe used by the calculation |
| Mom period | 5 | Period or timeframe used by the calculation |
| Period q | 14 | Number of bars in the calculation |
| Period r | 10 | Number of bars in the calculation |
| Period s | 14 | Number of bars in the calculation |
| Signal | 5 | |
| Pip factor | 100.0 | Pip move is multiplied by this factor |
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 · Trend · Alerts · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code