Forex Stodiv Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Stodiv Indicator. In the code it works with the Stochastic oscillator and fractals. It draws arrows on the chart. It has 6 settings, for example Max Bars (default 300), dx (default 30) and dy (default 20). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 1 indicator file 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 Stodiv Indicator
Forex Stodiv Indicator is an indicator for MetaTrader 4 based on Stochastic and Fractals. It draws buy and sell arrows on the chart. It has 6 settings, such as Max bars, Dx and Dy. MQL source code included.
Files in the download: installation manual.txt, Stodiv.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Max bars | 300 | |
| Dx | 30 | |
| Dy | 20 | |
| K period | 5 | Period or timeframe used by the calculation |
| D period | 3 | Period or timeframe used by the calculation |
| Slowing | 3 |
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: Buy/Sell Arrows · Stochastic · Fractals · MT4 Indicator · MQL4 Source Code