Kaufman Stochastik 2
This Old Kings indicator for MetaTrader 4 is called Kaufman Stochastik 2. Judging by its name, it is built around Kaufman's adaptive moving average (efficiency ratio). In the code it works with the Stochastic oscillator. It draws arrows on the chart. It has 7 settings, for example period AMA (default 10), nfast (default 2) and nslow (default 5). 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 Kaufman Stochastik 2
Kaufman Stochastik 2 is an indicator for MetaTrader 4 based on Stochastic. It draws buy and sell arrows on the chart. It has 7 settings, such as Period ama, Nfast and Nslow. MQL source code included.
Files in the download: Kaufman_Stochastik(Bullforyou.com).mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Period ama | 10 | Number of bars in the calculation |
| Nfast | 2 | |
| Nslow | 5 | 30 |
| G | 3.0 | |
| D k | 140 | |
| Kperiod | 14 | Period or timeframe used by the calculation |
| Slowing | 5 |
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 · MT4 Indicator · MQL4 Source Code