Forex Alfa Super Trend Trading Strategy
Forex Alfa Super Trend Trading Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to the SuperTrend line and following the trend. Its source code uses ATR. It draws arrows on the chart. It has 19 settings, for example Nbr Periods (default 10), Multiplier (default 4.0) and sid Font Size (default 30). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 3 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 Alfa Super Trend Trading Strategy
Forex Alfa Super Trend Trading Strategy is an indicator for MetaTrader 4 based on ATR. It draws buy and sell arrows on the chart. It has 19 settings, such as Nbr periods, Multiplier and Sid font size. MQL source code included.
Files in the download: Alfa Trend.ex4, AlfaSupertrend.tpl, installation manual.txt, SuperTrend.ex4, SuperTrend.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Nbr periods | 10 | Number of bars in the calculation |
| Multiplier | 4.0 | How much the lot size grows after a loss |
| Sid font size | 30 | |
| Sid font name | Ariel | |
| Note red green blue | Red/Green/Blue each 0..255 | |
| Sid red | 30 | |
| Sid green | 30 | |
| Sid blue | 30 | |
| Sid x pos | 30 | |
| Sid y pos | 150 | |
| Tag display text | true | |
| Tag text | www.marketcalls.in | |
| Tag font size | 15 | |
| Tag font name | Ariel | |
| Tag red | 30 | |
| Tag green | 30 | |
| Tag blue | 30 | |
| Tag x pos | 200 | |
| Tag y pos | 300 |
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: Trend · Buy/Sell Arrows · ATR · MT4 Indicator · MQL4 Source Code