Forex Winning Strategy 4
Forex Winning Strategy 4 is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses the Stochastic oscillator and moving averages. It draws arrows on the chart and can send alerts. It has 19 settings, for example note1 (default Stochastic settings), KPeriod (default 30) and Slowing (default 10). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 6 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 Winning Strategy 4
Forex Winning Strategy 4 is an indicator for MetaTrader 4 based on Stochastic and Moving Average. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 19 settings, such as Note1, K period and Slowing. MQL source code included.
Files in the download: !!Color Stochastic.ex4, !!Color Stochastic.mq4, Candle Time & Spread.mq4, Filter v2.01.ex4, IINWMARROWS~.ex4, IINWMARROWS~.mq4, PT.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Note1 | Stochastic settings | |
| K period | 30 | Period or timeframe used by the calculation |
| Slowing | 10 | |
| D period | 10 | Period or timeframe used by the calculation |
| Note4 | 0=sma, 1=ema, 2=smma, 3=lwma | |
| Ma method | 0 | |
| Note5 | 0=high/low, 1=close/close | |
| Price field | 1 | |
| Note6 | overbought level | |
| Over bought | 80 | |
| Note7 | oversold level | |
| Over sold | 20 | |
| Clock color | DimGray | Colour on the chart |
| Corner placement | 1 is top right 3 is bottom right | |
| Corner | 3 | |
| Faster mode | 3 | |
| Faster ma | 3 | |
| Slower mode | 3 | |
| Slower ma | 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 · Alerts · Stochastic · Moving Average · MT4 Indicator · MQL4 Source Code