Forex Blue Trend Rider Trading System
From the Old Kings archive: Forex Blue Trend Rider Trading System, an indicator for MetaTrader 4. Its name points to following the trend. In the code it works with MACD, RSI, the Stochastic oscillator and moving averages. It draws arrows on the chart and can send alerts. It has 40 settings, for example zone Color (default C'30,33,36'), Candle Shift (default 8) and Show Info (default True). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 16 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 Blue Trend Rider Trading System
Forex Blue Trend Rider Trading System is an indicator for MetaTrader 4 based on MACD, RSI, Stochastic and Moving Average. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 40 settings, such as Zone color, Candle shift and Show info. MQL source code included.
Files in the download: 5minbluetrs.tpl, DailyData.mq4, EMA Crossover Signal.mq4, FerruFx_Multi_info+_2_v1.2.mq4, FerruFx_Multi_info+_v1.2.mq4, Fibonacci Pivots.mq4, Heiken_Ashi_Smoothed.mq4, installation manual.txt ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Zone color | C'30,33,36' | Colour on the chart |
| Candle shift | 8 | Bar shift (0 = current bar) |
| Show info | True | |
| Show swap | True | |
| Show background | True | |
| Show bar | True | |
| Faster ema | 4 | |
| Slower ema | 8 | |
| Sound on | true | Turn this alert on or off |
| Display infos | === If true, displayed on the chart === | |
| Display on chart | false | If true, the open trade analysis, daily pivots and daily range will be displayed on the chart window |
| Trade info | === Trade Info === | |
| Account mini | true | If false, account is standard |
| Pip value | 0.832 | Pip Value |
| Trend strong level | 75.00 | |
| Trend calculation | === Trend calculation and display === | |
| Display fast ma | true | |
| Display medium ma | true | |
| Display slow ma | true | |
| Display cci | true | |
| Display macd | true | |
| Display adx | true | |
| Display bulls | true | |
| Display bears | true | |
| Display stoch | true | |
| Display rsi | true | |
| Display force | true | |
| Display momentum | true | |
| Display de marker | true | |
| Display wae | true | |
| Tf calculation | === If display false, set coef to 0 === | |
| Coefs tf | 3 TF true, SUM of their coef must be 3 | |
| Display m1 | true | |
| Coef m1 | 1.0 | |
| Display m5 | true | |
| Coef m5 | 1.0 | |
| Display m15 | true | |
| Coef m15 | 1.0 | |
| Display m30 | true | |
| Coef m30 | 1.0 |
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: Trend · Buy/Sell Arrows · Alerts · MACD · RSI · Stochastic · Moving Average · MT4 Indicator · MQL4 Source Code