Forex Victory Stochastic Spread Indicator
From the Old Kings archive: Forex Victory Stochastic Spread Indicator, an indicator for MetaTrader 4. Judging by its name, it is built around the Stochastic oscillator and the spread. In the code it works with the Stochastic oscillator. It has 6 settings, for example Slave Symbol (default EURUSD), K Period (default 5) and D Period (default 3). 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 Victory Stochastic Spread Indicator
Forex Victory Stochastic Spread Indicator is an indicator for MetaTrader 4 based on Stochastic. It has 6 settings, such as Slave symbol, K period and D period. MQL source code included.
Files in the download: installation manual.txt, Victoryinvestors stoch_spread.ex4, Victoryinvestors stoch_spread.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Slave symbol | EURUSD | |
| K period | 5 | Period or timeframe used by the calculation |
| D period | 3 | Period or timeframe used by the calculation |
| Slowing | 3 | |
| Method | 0 | 0-SMA, 1-EMA, 2-SMMA, 3- LWMA |
| Price type | 1 | 0-Low/High, 1-Close/Close |
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 · MT4 Indicator · MQL4 Source Code