Forex Billions Momentum Swing Trading Strategy
From the Old Kings archive: Forex Billions Momentum Swing Trading Strategy, an indicator for MetaTrader 4. As the name suggests, the idea behind it is price momentum. In the code it works with moving averages. It can send alerts. It has 18 settings, for example x distance (default 5), y distance (default 15) and corner (default 1). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 9 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 Billions Momentum Swing Trading Strategy
Forex Billions Momentum Swing Trading Strategy is an indicator for MetaTrader 4 based on Moving Average. It can alert you with a pop-up, sound, email or push message. It has 18 settings, such as X distance, Y distance and Corner. MQL source code included.
Files in the download: FX.RU.BILLION$.ex4, FX.RU.BILLION$.mq4, b-clock_TRO_MODIFIED_VERSION.ex4, b-clock_TRO_MODIFIED_VERSION.mq4, Donchian Channel.ex4, EMA Crossover.ex4, i-Profit.ex4, i-Profit.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| X distance | 5 | Distance between orders |
| Y distance | 15 | Distance between orders |
| Corner | 1 | |
| Base color | Orange | Colour on the chart |
| Pop up alert | true | Turn this alert on or off |
| Sound alert | true | Turn this alert on or off |
| My font | Stencil | "Eras Bold ITC" |
| My font size | 16 | |
| Color time | Olive | Colour on the chart |
| Ei percent | 5 | : |
| Ei offset y | 30 | |
| Ei step y | 12 | Distance between orders |
| Ei x1 row | 3 | X |
| Ei x2 row | 165 | X |
| Ei x3 row | 240 | X |
| Ec text | Gray | |
| Ec profit | Green | |
| Ec loss | FireBrick |
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: Momentum · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code