Forex Auto Trend Support Resistance Trading Strategy
Forex Auto Trend Support Resistance Trading Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around support / resistance levels and following the trend. Its source code uses moving averages. It has 10 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: 4 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 Support Resistance Trading Strategy
Forex Auto Trend Support Resistance Trading Strategy is an indicator for MetaTrader 4 based on Moving Average. It has 10 settings, such as Hours, Col bull and Col mid. MQL source code included.
Files in the download: autotrend channel trading system.tpl, AutoTrendChannel.ex4, AutoTrendChannel.mq4, FiboPiv_v3.mq4, GMMASlow.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Hours | 24 | |
| Col bull | Blue | |
| Col mid | SkyBlue | |
| Col bear | Red | |
| Resistance 2 | Red | |
| Resistance 1 | Magenta | |
| Pivot | Goldenrod | |
| Support 1 | Lime | |
| Support 2 | Green | |
| Support 3 | DarkGreen |
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: Support & Resistance · Trend · Moving Average · MT4 Indicator · MQL4 Source Code