Forex ASC Trend Binary Options Strategy
From the Old Kings archive: Forex ASC Trend Binary Options Strategy, an indicator for MetaTrader 4. Judging by its name, it is built around following the trend. In the code it works with moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 25 settings, for example Risk (default 0), MONYRISK (default 1.5) and JJMA (default 21). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 11 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 ASC Trend Binary Options Strategy
Forex ASC Trend Binary Options Strategy is an indicator for MetaTrader 4 based on Moving Average. 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 25 settings, such as Risk, Monyrisk and JJMA. MQL source code included.
Files in the download: AK_ZigZag Pointer.ex4, ArrZZx2.ex4, ASCTrend 2_JJMA - Phase6.ex4, ASCTrend 2_JJMA - Phase6.mq4, AscTrendBinarySystem.tpl, JJMASeries.mqh, installation manual.txt, JJMA.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Risk | 0 | Risk per trade (percent of balance) |
| Monyrisk | 1.5 | Risk per trade (percent of balance) |
| JJMA | 21 | |
| Jma phase1 | 5 | |
| Jma phase2 | 5 | |
| Shift | 1 | Bar shift (0 = current bar) |
| Length | 5 | |
| Phase | 5 | , -100 ... +100, ; |
| Price customs | 0 | , |
| Time frame | current time frame | Period or timeframe used by the calculation |
| Smooth period | 5 | Period or timeframe used by the calculation |
| Smooth phase | 0 | |
| Alerts on | FALSE | Turn this alert on or off |
| Alerts on current | FALSE | Turn this alert on or off |
| Alerts message | FALSE | Turn this alert on or off |
| Alerts sound | FALSE | Turn this alert on or off |
| Alerts email | FALSE | Turn this alert on or off |
| Period fast ma | 5 | Number of bars in the calculation |
| Period slow ma | 7 | Number of bars in the calculation |
| Mode fast ma | 1 | 0 = SMA, 1 = EMA, 2 = SMMA, 3 = LWMA |
| Mode slow ma | 1 | 0 = SMA, 1 = EMA, 2 = SMMA, 3 = LWMA |
| Price fast ma | 0 | 0 = Close, 1 = Open, 2 = High, 3 = Low, 4 = HL/2, 5 = HLC/3, 6 = HLCC/4 |
| Price slow ma | 1 | 0 = Close, 1 = Open, 2 = High, 3 = Low, 4 = HL/2, 5 = HLC/3, 6 = HLCC/4 |
| Enable alert | true | Turn this alert on or off |
| Sound file name | Turn this alert on or off |
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 · Binary Options · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Moving Average · MT4 Indicator · MQL4 Source Code