Forex Barishpoltz Channel Binary Options Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Barishpoltz Channel Binary Options Strategy. Judging by its name, it is built around price channels. It draws arrows on the chart and can send alerts. It has 21 settings, for example Right Level (default 3), Between Peaks (default 2) and Max Length (default 600). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 6 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 Barishpoltz Channel Binary Options Strategy
Forex Barishpoltz Channel Binary Options Strategy is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 21 settings, such as Right level, Between peaks and Max length. MQL source code included.
Files in the download: Barishpoltz Channel Fractals.ex4, Barishpoltz Channel Fractals.mq4, Barishpoltz Channel.ex4, Barishpoltz Channel.mq4, !CHT_Value_chart_v2.5.3 (1).ex4, !CHT_Value_chart_v2.5.3 (1).mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Right level | 3 | ( , 0 - , ) |
| Between peaks | 2 | ( ) |
| Max length | 600 | ( ) |
| Peak level | 10.0 | , () |
| Vc period | 0 | Period or timeframe used by the calculation |
| Vc num bars | 5 | |
| Vc bars2 check | 500 | |
| Vc display chart | true | |
| Vc use dynamic sr levels | true | |
| Vc dynamic sr period | 100 | Period or timeframe used by the calculation |
| Vc dynamic sr cut | 0.02 | |
| Vc overbought | 6 | |
| Vc oversold | -6 | |
| Vc alert on | false | Turn this alert on or off |
| Vc alert sr anticipation | 1.0 | Turn this alert on or off |
| Vc up color | Lime | Colour on the chart |
| Vc down color | Red | Colour on the chart |
| Vc wick width | 1 | |
| Vc body width | 4 | |
| Vc resistance color | Red | Colour on the chart |
| Vc support color | Lime | Colour on the chart |
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 · Binary Options · Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code