Forex Cycle Identifier Indicator
From the Old Kings archive: Forex Cycle Identifier Indicator, an indicator for MetaTrader 4. In the code it works with RSI and moving averages. It has 7 settings, for example Price Action Filter (default 1), Length (default 3) and Major Cycle Strength (default 4). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Cycle Identifier Indicator
Forex Cycle Identifier Indicator is an indicator for MetaTrader 4 based on RSI and Moving Average. It has 7 settings, such as Price action filter, Length and Major cycle strength. MQL source code included.
Files in the download: CycleIdentifier.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Price action filter | 1 | |
| Length | 3 | |
| Major cycle strength | 4 | |
| Use cycle filter | false | |
| Use filter sm aor rsi | 1 | |
| Filter strength sma | 12 | |
| Filter strength rsi | 21 |
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: RSI · Moving Average · MT4 Indicator · MQL4 Source Code