Forex Bear Naked Pattern Indicator
Forex Bear Naked Pattern Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to candlestick patterns. Its source code uses Bollinger Bands and CCI. It draws arrows on the chart. It has 15 settings, for example CCI Periodo (default 21), Nivel CCI MIN (default -80) and Nivel CCI MAX (default 80). 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 Bear Naked Pattern Indicator
Forex Bear Naked Pattern Indicator is an indicator for MetaTrader 4 based on Bollinger Bands and CCI. It draws buy and sell arrows on the chart. It has 15 settings, such as Cci periodo, Nivel cci min and Nivel cci max. MQL source code included.
Files in the download: BearNakedPattern1.mq4, BearNakedPattern1_1.mq4, BearNakedPattern1_2.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Cci periodo | 21 | Number of bars in the calculation |
| Nivel cci min | -80 | |
| Nivel cci max | 80 | |
| Mm periodo | 14 | Number of bars in the calculation |
| Bb periodo | 21 | Number of bars in the calculation |
| Bb desvio | 2 | |
| Pip desvio max | 0.0010 | |
| Pip oscilacao | 0.0015 | |
| Cci setup2 | false | |
| Fura bollinger | false | |
| Cci setup2 desc | -- Configuraes setup2 | |
| Nivel cci min stp2 | -60 | |
| Nivel cci max stp2 | 60 | |
| Nivel mm min stp2 | 80 | |
| Nivel mm max stp2 | 80 |
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: Buy/Sell Arrows · Bollinger Bands · CCI · MT4 Indicator · MQL4 Source Code