Forex Critical Points Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Critical Points Indicator. In the code it works with moving averages. It has 11 settings, for example SMAPeriod (default 157), Fib1 (default 23) and Fib2 (default 38). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file 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 Critical Points Indicator
Forex Critical Points Indicator is an indicator for MetaTrader 4 based on Moving Average. It has 11 settings, such as Sma period, Fib1 and Fib2. MQL source code included.
Files in the download: Critical_Points.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Sma period | 157 | Period or timeframe used by the calculation |
| Fib1 | 23 | |
| Fib2 | 38 | |
| Fib3 | 50 | |
| Fib4 | 61 | |
| Fib5 | 100 | |
| Color1 | Khaki | Colour on the chart |
| Color2 | LightGreen | Colour on the chart |
| Color3 | LightSkyBlue | Colour on the chart |
| Color4 | Plum | Colour on the chart |
| Color5 | LightSalmon | Colour on the chart |
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: Moving Average · MT4 Indicator · MQL4 Source Code