Wajdyss Stochastic Indicator V1
Wajdyss Stochastic Indicator V1 — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is the Stochastic oscillator. This copy is version 1. Its source code uses the Stochastic oscillator. It draws arrows on the chart and can send alerts. It has 14 settings, for example KPeriod (default 5), Slowing (default 3) and DPeriod (default 3). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 · Free
About Wajdyss Stochastic Indicator V1
Wajdyss Stochastic Indicator V1 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 14 settings, such as K period, Slowing and D period. MQL source code included.
Files in the download: wajdyss_Stochastic_indicator_v1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| K period | 5 | Period or timeframe used by the calculation |
| Slowing | 3 | |
| D period | 3 | Period or timeframe used by the calculation |
| Pric field note | 0=Low/High , 1=Close/Close | |
| Price field | 0 | |
| Ma method note | 0 = Simple , 1 = Exponential , 2 = Smoot | |
| Ma method | 0 | |
| Alert | true | Turn this alert on or off |
| File | alert.wav | |
| Text size | 14 | |
| Text color1 | Black | Colour on the chart |
| Text color2 | Red | Colour on the chart |
| Text color3 | Blue | Colour on the chart |
| Text color4 | Black | Colour on the chart |
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