Forex Wallaby Powered Trading System
From the Old Kings archive: Forex Wallaby Powered Trading System, an indicator for MetaTrader 4. In the code it works with the Stochastic oscillator. It can read another timeframe. It has 8 settings, for example KPeriod (default 8), DPeriod (default 3) and Slowing (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 Wallaby Powered Trading System
Forex Wallaby Powered Trading System is an indicator for MetaTrader 4 based on Stochastic. It can show data from another timeframe (MTF). It has 8 settings, such as K period, D period and Slowing. MQL source code included.
Files in the download: installation manual.txt, Stochastic Bars.mq4, Stochastic Wallabys.ex4, wallaby.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| K period | 8 | Period or timeframe used by the calculation |
| D period | 3 | Period or timeframe used by the calculation |
| Slowing | 3 | |
| Type | 0 | |
| Over bought | 80 | |
| Over sold | 20 | |
| Timeframe | 0 | Period or timeframe used by the calculation |
| Bar width | 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: Multi-Timeframe (MTF) · Stochastic · MT4 Indicator · MQL4 Source Code