SMAMA Slope Direction Line System
From the Old Kings archive: SMAMA Slope Direction Line System, an indicator for MetaTrader 4. In the code it works with the Stochastic oscillator. It has 4 settings, for example note1 (default First Stochastic), Stoch Period1 (default 14) and DPeriod1 (default 3). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 4 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 SMAMA Slope Direction Line System
SMAMA Slope Direction Line System is an indicator for MetaTrader 4 based on Stochastic. It has 4 settings, such as Note1, Stoch period1 and D period1. MQL source code included.
Files in the download: ForexWOT.Com-sMAMASlopeDirectionLineSystem\ForexWOT.Com [Trading Rules].txt, ForexWOT.Com-sMAMASlopeDirectionLineSystem\Indicators\Slope Direction Line.ex4, ForexWOT.Com-sMAMASlopeDirectionLineSystem\Indicators\sMAMA.ex4, ForexWOT.Com-sMAMASlopeDirectionLineSystem\Indicators\StochHistogram.ex4, ForexWOT.Com-sMAMASlopeDirectionLineSystem\Indicators\StochHistogram.mq4, ForexWOT.Com-sMAMASlopeDirectionLineSystem\Template\ForexWOT.Com-sMAMASlopeDirec.
Settings
| Setting | Default | What it does |
|---|---|---|
| Note1 | First Stochastic | |
| Stoch period1 | 14 | Number of bars in the calculation |
| D period1 | 3 | Number of bars in the calculation |
| Slowing period1 | 3 | Number of bars in the calculation |
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