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Forex Af Star Direction Trading Strategy

Forex Af Star Direction Trading Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses MACD, RSI, the Stochastic oscillator and moving averages. It draws arrows on the chart and can read another timeframe. It has 40 settings, for example Time Frame (default Current time frame), Length (default 32) and Price (default PRICE_TYPICAL). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 10 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 Af Star Direction Trading Strategy

Forex Af Star Direction 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 40 settings, such as Time frame, Length and Price. MQL source code included.

Files in the download: AFStar Trading System.tpl, afstar1.ex4, Corridor RSX.ex4, Corridor RSX.mq4, Divergence Petr.ex4, Divergence Petr.mq4, installation manual.txt, RD-PivotLines.ex4 ….

Settings

SettingDefaultWhat it does
Time frameCurrent time framePeriod or timeframe used by the calculation
Length32
PricePRICE_TYPICAL
High low step0.5Distance between orders
THtrue
TLtrue
Trendtrue
Convergentrue
Complect1
Back steph0h
Back stepl0l
Back step0Distance between orders
Q steps1, 3
Lev d pl5; 2 = () 2
Lev d pr1; 2 = () 2
Period8Period or timeframe used by the calculation
Ma method0
Ma shift0Bar shift (0 = current bar)
Applied price4
Mode0
Fast ema period12Period or timeframe used by the calculation
Slow ema period26Period or timeframe used by the calculation
Signal period9Period or timeframe used by the calculation
Kperiod13Period or timeframe used by the calculation
Dperiod5Period or timeframe used by the calculation
Slowing3
Price field0
T3 period1Period or timeframe used by the calculation
B0.7
Show bars1000= 0,
Left strongfalse
Right strongtrue
Antitrue
Trend downtrue
Trend uptrue
Trend linetruefalse =
Handy colourtrueColour on the chart
HighlineRed
LowlineDeepSkyBlue
Channel linefalsetrue =

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Buy/Sell Arrows · Multi-Timeframe (MTF) · MACD · RSI · Stochastic · Moving Average · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria