Fast Speed Strategy 2
Fast Speed Strategy 2 — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses RSI, moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Time Frame (default PERIOD_CURRENT), swing Count (default 5) and speed (default 1.00). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 6 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 Fast Speed Strategy 2
Fast Speed Strategy 2 is an indicator for MetaTrader 4 based on RSI, Moving Average and ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as Time frame, Swing count and Speed. MQL source code included.
Files in the download: Fast Speed strategy\Fast Speed strategy.tpl, Fast Speed strategy\indicators\alb_qqe2.02_advanced_alertsarrows_nmc.ex4, Fast Speed strategy\indicators\alb_qqe2.02_advanced_alertsarrows_nmc.mq4, Fast Speed strategy\indicators\Sync filters - low pass_apz bands_mtf nmc - 2.04., Fast Speed strategy\indicators\Sync filters - low pass_apz bands_mtf nmc - 2.04., Fast Speed strategy\indicators\TMA Centered MACD v7 HAL MTF TT NRP.ex4, Fast Speed strategy\indicators\TMA Centered MACD v7 HAL MTF TT NRP.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | PERIOD_CURRENT | Period or timeframe used by the calculation |
| Swing count | 5 | |
| Speed | 1.00 | |
| Rsi price | 8 | |
| Rsi smoothing factor | 5 | |
| Rsimethods | 0=rsi,1=wilderrsi,2=rsx2,3=cuttlerrsi,4= | |
| Rsi method | 2 | |
| Depth | 3 | |
| Rsx speed | 0.5 | |
| T3 hot | 1.0 | |
| T3 original | false | |
| Ma period | 0 | Period or timeframe used by the calculation |
| Ma method | MODE_LWMA | |
| Wp fast | 1.50 | |
| Wp slow | 3.0 | |
| Alerts on | true | Turn this alert on or off |
| Alerts on slope | true | Turn this alert on or off |
| Alerts on current | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | true | Turn this alert on or off |
| Alerts notify | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Sound file | alert2.wav | Turn this alert on or off |
| Show arrows | true | |
| Arrows on slope | true | |
| Arrows identifier | albQQE Arrows1 | |
| Arrows upper gap | 0.5 | |
| Arrows lower gap | 0.5 | |
| Arrows up color | LimeGreen | Colour on the chart |
| Arrows dn color | Red | Colour on the chart |
| Arrows up code | 225 | |
| Arrows dn code | 226 | |
| Arrows up size | 2 | |
| Arrows dn size | 2 | |
| Arrows on first | true | |
| Interpolate | true | |
| Level ob | 80.0 | |
| Level os | 20.0 | |
| Filter period | 30 | Period or timeframe used by the calculation |
| Filter price | pr_close |
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: Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · RSI · Moving Average · ATR · MT4 Indicator · MQL4 Source Code