Stochasticdiffsign.mq5
Stochasticdiffsign.mq5 — a MetaTrader 5 indicator kept in the Old Kings collection. Its source code uses the Stochastic oscillator and ATR. It draws arrows on the chart and can send alerts. It has 8 settings, for example KPeriod (default 5), DPeriod (default 3) and Slowing (default 3). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file 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 Stochasticdiffsign.mq5
Stochasticdiffsign.mq5 is an indicator for MetaTrader 5 based on Stochastic and ATR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 8 settings, such as K period, D period and Slowing. MQL source code included.
Files in the download: mql5\Include\SmoothAlgorithms.mqh, stochasticdiffsign.mq5, picture__6.png, red this.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| K period | 5 | Period or timeframe used by the calculation |
| D period | 3 | Period or timeframe used by the calculation |
| Slowing | 3 | |
| I ma method | MODE_SMA | |
| Price field | STO_LOWHIGH | |
| Xma method | MODE_T3 | |
| X length | 13 | |
| X phase | 15 | , |
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: Buy/Sell Arrows · Alerts · Stochastic · ATR · MT5 Indicator · MQL5 Source Code