Forex Bear Naked Pattern Swing Trading Strategy
Forex Bear Naked Pattern Swing Trading Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around candlestick patterns. Its source code uses Bollinger Bands and CCI. It draws arrows on the chart. It has 8 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 Swing Trading Strategy
Forex Bear Naked Pattern Swing Trading Strategy is an indicator for MetaTrader 4 based on Bollinger Bands and CCI. It draws buy and sell arrows on the chart. It has 8 settings, such as Cci periodo, Nivel cci min and Nivel cci max. MQL source code included.
Files in the download: bear naked pattern.tpl, BearNakedPattern1.mq4, indicator1.ex4, indicator2.ex4, 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 |
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