Forex Auto Trend Channel Swing Trading Strategy 2
This Old Kings indicator for MetaTrader 4 is called Forex Auto Trend Channel Swing Trading Strategy 2. Judging by its name, it is built around price channels and following the trend. It has 34 settings, for example Hours (default 24), col bull (default Blue) and col mid (default SkyBlue). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 7 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 Auto Trend Channel Swing Trading Strategy 2
Forex Auto Trend Channel Swing Trading Strategy 2 is an indicator for MetaTrader 4. It has 34 settings, such as Hours, Col bull and Col mid. MQL source code included.
Files in the download: ! AOF - INFOBOX.ex4, ! AOF - MACDCANDLE.ex4, autotrend channel, macd and three emas.tpl, AutoTrendChannel.ex4, AutoTrendChannel.mq4, installation manual.txt, MACD Histogram.ex4, Murrey_Math_Lines.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Hours | 24 | |
| Col bull | Blue | |
| Col mid | SkyBlue | |
| Col bear | Red | |
| P | 64 | |
| Step back | 0 | Distance between orders |
| Mml clr m 2 8 | White | [-2]/8 |
| Mml clr m 1 8 | White | [-1]/8 |
| Mml clr 0 8 | Aqua | [0]/8 |
| Mml clr 1 8 | Yellow | [1]/8 |
| Mml clr 2 8 | Red | [2]/8 |
| Mml clr 3 8 | Green | [3]/8 |
| Mml clr 4 8 | Blue | [4]/8 |
| Mml clr 5 8 | Green | [5]/8 |
| Mml clr 6 8 | Red | [6]/8 |
| Mml clr 7 8 | Yellow | [7]/8 |
| Mml clr 8 8 | Aqua | [8]/8 |
| Mml clr p 1 8 | White | [+1]/8 |
| Mml clr p 2 8 | White | [+2]/8 |
| Mml wdth m 2 8 | 2 | [-2]/8 |
| Mml wdth m 1 8 | 2 | [-1]/8 |
| Mml wdth 0 8 | 2 | [0]/8 |
| Mml wdth 1 8 | 2 | [1]/8 |
| Mml wdth 2 8 | 2 | [2]/8 |
| Mml wdth 3 8 | 1 | [3]/8 |
| Mml wdth 4 8 | 1 | [4]/8 |
| Mml wdth 5 8 | 1 | [5]/8 |
| Mml wdth 6 8 | 2 | [6]/8 |
| Mml wdth 7 8 | 2 | [7]/8 |
| Mml wdth 8 8 | 2 | [8]/8 |
| Mml wdth p 1 8 | 2 | [+1]/8 |
| Mml wdth p 2 8 | 2 | [+2]/8 |
| Mark color | Blue | Colour on the chart |
| Mark number | 217 |
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: Channels & Envelopes · Trend · MT4 Indicator · MQL4 Source Code