Forex Currency Strength Two Meter V2 Indicator
From the Old Kings archive: Forex Currency Strength Two Meter V2 Indicator, an indicator for MetaTrader 4. As the name suggests, the idea behind it is currency strength across pairs. The file name marks it as version 2. In the code it works with moving averages. It shows an on-chart panel. It has 4 settings, for example m Corner (default 2, mPrd = 2, mTimeFrame ), m Roc Shift (default 20, mHist = 100, mWindow) and m Alert (default false). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 2 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 · v2 · Free
About Forex Currency Strength Two Meter V2 Indicator
Forex Currency Strength Two Meter V2 Indicator is an indicator for MetaTrader 4 based on Moving Average. It shows several symbols in one panel. It has 4 settings, such as M corner, M roc shift and M alert. MQL source code included.
Files in the download: installation manual.txt, mn Curr Strgth 2 Meter v2 .ex4, mn Curr Strgth 2 Meter v2 .mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| M corner | 2, mPrd = 2, mTimeFrame = 5, mShift = 0 | |
| M roc shift | 20, mHist = 100, mWindow = 1 | Bar shift (0 = current bar) |
| M alert | false | Turn this alert on or off |
| M txt col |
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: Currency Strength · Dashboards & Scanners · Moving Average · MT4 Indicator · MQL4 Source Code