Stoch Crossing Strategy
This Old Kings indicator for MetaTrader 4 is called Stoch Crossing Strategy. Judging by its name, it is built around the Stochastic oscillator. In the code it works with the Stochastic oscillator. It draws arrows on the chart and can send alerts. It has 22 settings, for example note1 (default Stochastic settings), note2 (default default = Stoch(30,10,10) and KPeriod1 (default 30). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 3 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 Stoch Crossing Strategy
Stoch Crossing Strategy is an indicator for MetaTrader 4 based on Stochastic. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 22 settings, such as Note1, Note2 and K period1. MQL source code included.
Files in the download: FREE TRADING SYSTEMS AND INDICATORS.url, Stoch Crossing templ.tpl, StochCrossing.ex4, StochCrossing.mq4, WAExplosion.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Note1 | Stochastic settings | |
| Note2 | default = Stoch(30,10,10) | |
| K period1 | 30 | Number of bars in the calculation |
| D period1 | 10 | Number of bars in the calculation |
| Slowing1 | 10 | |
| Note3 | 0=sma, 1=ema, 2=smma, 3=lwma | |
| Ma method1 | 0 | |
| Note4 | 0=high/low, 1=close/close | |
| Price field1 | 1 | |
| Note5 | ---------------------------------------- | |
| Note6 | Arrow Type | |
| Note7 | 0=Thick, 1=Thin, 2=Hollow, 3=Round | |
| Note8 | 4=Fractal, 5=Diagonal Thin | |
| Note9 | 6=Diagonal Thick, 7=Diagonal Hollow | |
| Note10 | 8=Thumb, 9=Finger | |
| Arrow type | 3 | |
| Note11 | ---------------------------------------- | |
| Alert on | true | Turn this alert on or off |
| Note13 | ---------------------------------------- | |
| Send an email | false | Turn this alert on or off |
| Note15 | ---------------------------------- Try | |
| Note16 | GBPJPY M15 chart Stoch(30,10,10) |
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 · Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code