Forex Stochastic Two Sigmas MTF Histo Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Stochastic Two Sigmas MTF Histo Indicator. Its name points to the Stochastic oscillator and several timeframes at once. In the code it works with the Stochastic oscillator. It can read another timeframe. It has 11 settings, for example Time Frame (default Current time frame), Stoch Period (default 14) and Stoch Slowing (default 10). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Two Sigmas MTF Histo Indicator
Forex Stochastic Two Sigmas MTF Histo Indicator is an indicator for MetaTrader 4 based on Stochastic. It can show data from another timeframe (MTF). It has 11 settings, such as Time frame, Stoch period and Stoch slowing. MQL source code included.
Files in the download: installation manual.txt, stochastic_2sigmas_mtfhisto.ex4, stochastic_2sigmas_mtfhisto.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Stoch period | 14 | Period or timeframe used by the calculation |
| Stoch slowing | 10 | |
| Stoch price | 0 | |
| Ma1 period | 3 | Period or timeframe used by the calculation |
| Ma1 mode | 1 | |
| Ma2 period | 5 | Period or timeframe used by the calculation |
| Ma2 mode | 1 | |
| Multiplier | 2 | How much the lot size grows after a loss |
| Level os | -30 | |
| Level ob | 30 |
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 · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code