Step Stochastic Indicator For MetaTrader 5 2
This Old Kings indicator for MetaTrader 5 is called Step Stochastic Indicator For MetaTrader 5 2. Judging by its name, it is built around the Stochastic oscillator. It has 5 settings, for example Price (default PRICE_MEDIAN), Atr Period (default 10) and K Slow (default 1.0). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 2 indicator files with source code (.mq5) 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 · MT5 · v1.0 · Free
About Step Stochastic Indicator For MetaTrader 5 2
Step Stochastic Indicator For MetaTrader 5 2 is an indicator for MetaTrader 5. It has 5 settings, such as Price, Atr period and K slow. MQL source code included.
Files in the download: FREE TRADING SYSTEMS AND INDICATORS.url, step_stochastic.ex5, step_stochastic.mq5.
Settings
| Setting | Default | What it does |
|---|---|---|
| Price | PRICE_MEDIAN | Price to use in calculations |
| Atr period | 10 | ATR calculation period |
| K slow | 1.0 | K slow |
| K fast | 1.0 | K fast |
| Window | 256 | ATR minimum maximum window size |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 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 · MT5 Indicator · MQL5 Source Code