Forex Stochastic With Double Alert Indicator
Forex Stochastic With Double Alert Indicator is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is the Stochastic oscillator and alerts. Its source code uses the Stochastic oscillator and ATR. It can send alerts. It has 40 settings, for example Use Swap Filter (default false), Show Only Buy Entry Alerts (default false) and Show Only Sell Entry Alerts (default false). 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 With Double Alert Indicator
Forex Stochastic With Double Alert Indicator is an indicator for MetaTrader 4 based on Stochastic and ATR. It can alert you with a pop-up, sound, email or push message. It has 40 settings, such as Use swap filter, Show only buy entry alerts and Show only sell entry alerts. MQL source code included.
Files in the download: 3.22STOCH7wHTSTOCH2_Alert.ex4, 3.22STOCH7wHTSTOCH2_Alert.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Use swap filter | false | |
| Show only buy entry alerts | false | Turn this alert on or off |
| Show only sell entry alerts | false | Turn this alert on or off |
| Show counter trend | false | gives too CT alerts |
| Show daily2 1 | true | setting this to true the indicator shows to the D1 2.1.1 Stoch |
| Popup alert | true | ALERTS WHEN WHENEVER PRICE GOES BELOW 90&70 AND ABOVE 10&30 AND HT STOCH CONFIRMS |
| Email alert | false | Turn this alert on or off |
| Push alert | false | Turn this alert on or off |
| Give stoch7 exit alerts | false | gives Stoch 7.2.2 exits alerts for BUY if we have Stoch 7.2.2 >=90 and for SELL if we have Stoch 7.2 |
| Give tma slope exit alert | false | Turn this alert on or off |
| Set stoch alert levels | Default = 20, 40, 60, 80 | Turn this alert on or off |
| Level one | 10 | default = 20 |
| Level two | 30 | CHANGE TO 10 IF YOU ONLY WANT 1 ALERT // default = 40 |
| Level three | 70 | CHANGE TO 90 IF YOU ONLY WANT 1 ALERT // default = 60 |
| Level four | 90 | default = 80 |
| Stoch settings | Default = 7, 2, 2, 2, 1 | |
| K period | 7 | Period or timeframe used by the calculation |
| D period | 2 | Period or timeframe used by the calculation |
| Slowing | 2 | |
| Method | MODE_SMMA | |
| Price | 1 | 0=Low/High, 1=Close/Close |
| K period ht | 2 | Number of bars in the calculation |
| D period ht | 1 | Number of bars in the calculation |
| S period ht | 1 | Number of bars in the calculation |
| Stoch main line style ht | 2 | |
| Stoch signal line style ht | 2 | |
| Stoch main price ht | 1 | |
| Stoch signal price ht | 1 | |
| Stoch main ma ht | 0 | |
| Stoch signal ma ht | 0 | |
| Level styles | 0 Solid, 1 Dash, 2 Dot, 3 Dashdot, 4 Das | |
| Level one style | 0 | |
| Level one color | Blue | Colour on the chart |
| Level two style | 2 | |
| Level two color | Blue | Colour on the chart |
| Level three style | 2 | |
| Level three color | Gold | Colour on the chart |
| Level four style | 0 | |
| Level four color | Gold | Colour on the chart |
| Slp | --TMA-SlopeSettings-- |
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 · Alerts · ATR · MT4 Indicator · MQL4 Source Code