Forex BS Mesamus Swing Trading Strategy
Forex BS Mesamus Swing Trading Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses RSI and moving averages. It can read another timeframe. It has 40 settings, for example Indicator Name (default BS_#MarketPrice), Right Top (default true) and Shift Y (default 0). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 BS Mesamus Swing Trading Strategy
Forex BS Mesamus Swing Trading Strategy is an indicator for MetaTrader 4 based on RSI and Moving Average. It can show data from another timeframe (MTF). It has 40 settings, such as Indicator name, Right top and Shift y. MQL source code included.
Files in the download: BS_#MarketPrice.mq4, BS_RSI.mq4, bs_simple+.tpl, BuySell_v2.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Indicator name | BS_#MarketPrice | |
| Right top | true | |
| Shift y | 0 | Bar shift (0 = current bar) |
| Shift x | 0 | Bar shift (0 = current bar) |
| Price variable | Setting for Price Color | change |
| Price color up | DodgerBlue | Colour on the chart |
| Price color dn | DeepPink | Colour on the chart |
| Time frame | 15 | Period or timeframe used by the calculation |
| Ma fast period | 1 | Period or timeframe used by the calculation |
| Ma fast method | 0 | |
| Ma fast apply to | 0 | |
| Ma fast shift | 0 | Bar shift (0 = current bar) |
| Ma slow period | 4 | Period or timeframe used by the calculation |
| Ma slow method | 0 | |
| Ma slow apply to | 0 | |
| Ma slow shift | 0 | Bar shift (0 = current bar) |
| Value color | Setting for Value Color | Colour on the chart |
| Highest color | White | Colour on the chart |
| Distance from highest color | Gainsboro | Distance between orders |
| Lowest color | Yellow | Colour on the chart |
| Distance from lowest color | Gold | Distance between orders |
| Hi to lo color | White | Colour on the chart |
| Daily av up color | Lime | Colour on the chart |
| Daily av dn color | Orange | Colour on the chart |
| Time n spread color | Aqua | Maximum spread allowed to trade |
| Pips to open up color | LightSkyBlue | Colour on the chart |
| Pips to open dn color | Salmon | Colour on the chart |
| Xtra information | Setting for Extra information | |
| Show xtra info | true | |
| Label color | SlateGray | Colour on the chart |
| Text xtreme up color | White | Colour on the chart |
| Text up color | LightBlue | Colour on the chart |
| Text dn color | Orange | Colour on the chart |
| Text xtreme dn color | Yellow | Colour on the chart |
| Trend variable | Variable TRend Direction | change |
| X ma fast period | 1 | Period or timeframe used by the calculation |
| X ma fast method | 0 | |
| X ma fast apply to | 0 | |
| X ma fast shift | 0 | Bar shift (0 = current bar) |
| X ma slow period | 20 | Period or timeframe used by the calculation |
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: Multi-Timeframe (MTF) · RSI · Moving Average · MT4 Indicator · MQL4 Source Code