Forex 200 SMA Channel Swing Trading Strategy
From the Old Kings archive: Forex 200 SMA Channel Swing Trading Strategy, an indicator for MetaTrader 4. As the name suggests, the idea behind it is moving averages and price channels. In the code it works with MACD, RSI, the Stochastic oscillator and moving averages. It draws arrows on the chart and can read another timeframe. It has 25 settings, for example time Frame (default Current time frame), Corner of Chart RIGHT TOP (default true) and Show Price (default true). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 4 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 Forex 200 SMA Channel Swing Trading Strategy
Forex 200 SMA Channel Swing Trading Strategy is an indicator for MetaTrader 4 based on MACD, RSI, Stochastic and Moving Average. It draws buy and sell arrows on the chart and can show data from another timeframe (MTF). It has 25 settings, such as Time frame, Corner of chart right top and Show price. MQL source code included.
Files in the download: 200 ema channel and 4h trader.tpl, 4hrTrader.ex4, installation manual.txt, SuperTrend nrp mtf.mq4, Support and Resistance (Barry).mq4, _Signal_Bars_v3_Daily.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Corner of chart right top | true | |
| Show price | true | |
| Show xtra details | true | |
| Show smaller size | false | |
| Shift up dn | 0 | Bar shift (0 = current bar) |
| Adjust side to side | 20 | |
| Bar label color | LightSteelBlue | Colour on the chart |
| Comment label color | LightSteelBlue | Colour on the chart |
| Macd fast | 8 | |
| Macd slow | 17 | |
| Macd signal | 9 | |
| Macd price type | 0 | |
| Rsi period | 9 | Period or timeframe used by the calculation |
| Rsi price type | 0 | |
| Cci period | 13 | Period or timeframe used by the calculation |
| Cci price type | 0 | |
| Stoch k period | 5 | Period or timeframe used by the calculation |
| Stoch d period | 3 | Period or timeframe used by the calculation |
| Stoch slowing | 3 | |
| Stoch ma mode | 1 | |
| Ma fast | 5 | |
| Ma slow | 9 | |
| Ma mode | 1 | |
| Ma price type | 0 |
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: Moving Average · Channels & Envelopes · Buy/Sell Arrows · Multi-Timeframe (MTF) · MACD · RSI · Stochastic · MT4 Indicator · MQL4 Source Code