Forex ATR Cloud Trading Strategy
Forex ATR Cloud Trading Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is ATR volatility. Its source code uses moving averages and ATR. It has 6 settings, for example Periods ATR (default 20), MA Periods (default 1) and MA type (default MODE_OPEN). Load it on a demo chart and check whether its signals repaint before trusting them. 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 ATR Cloud Trading Strategy
Forex ATR Cloud Trading Strategy is an indicator for MetaTrader 4 based on Moving Average and ATR. It has 6 settings, such as Periods atr, Ma periods and Ma type. MQL source code included.
Files in the download: atr channel scalping system.tpl, ATRchannel.ex4, ATRchannel.mq4, ZB-CloudLines.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Periods atr | 20 | Number of bars in the calculation |
| Ma periods | 1 | Number of bars in the calculation |
| Ma type | MODE_OPEN | |
| Mult factor1 | 0.7 | |
| Mult factor2 | 0.0 | |
| Mult factor3 | 0.0 |
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: ATR · Moving Average · MT4 Indicator · MQL4 Source Code