Forex Dollar Index Swing Trading Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Dollar Index Swing Trading Strategy. In the code it works with moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example short term SMA period (default 15), long term SMA period (default 60) and About (default <<< Place Stoploss v1 >>). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Dollar Index Swing Trading Strategy
Forex Dollar Index Swing Trading Strategy is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as Short term sma period, Long term sma period and About. MQL source code included.
It also shows several symbols in one panel.
Files in the download: ASCTrend-Matrix 2TF.ex4, ASCTrend-Matrix 2TF.mq4, Dollar Index retourné.mq4, dollar index trading system.tpl, Dollar Index.mq4, installation manual.txt, dollar index modifié.tpl, !MoneyLine2.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Short term sma period | 15 | Period or timeframe used by the calculation |
| Long term sma period | 60 | Period or timeframe used by the calculation |
| About | <<< Place Stoploss v1 >>> | |
| Set stop loss | true | Stop loss distance |
| Set take profit | false | Take profit distance |
| Sl exp | <<< StopLoss >>> | |
| Stop loss exp | 1=Fixed Pips 2=ATR Multiple | Stop loss distance |
| Stop loss method | 1 | Stop loss distance |
| Fixed sl | 10 | |
| Stop loss atr | 0.7 | Stop loss distance |
| Tp exp | <<< TakeProfit >>> | |
| Take profit exp | 1=Fixed Pips 2=ATR Multiple | Take profit distance |
| Take profit method | 1 | Take profit distance |
| Fixed tp | 100 | |
| Take profit atr | 1.8 | Take profit distance |
| Atr exp | <<< ATR Setting >>> | |
| Tf note | 0=Chart 1=M1 2=M5 3=M15 4=M30 5=1H 6=4H | |
| Atr time frame | 7 | Period or timeframe used by the calculation |
| Atr period | 30 | Period or timeframe used by the calculation |
| About misc | <<< Miscellaneous >>> | |
| Alert on | false | Turn this alert on or off |
| Maj pair1 | EURUSD | |
| Maj pair2 | EURCHF | |
| Maj pair3 | EURGPB | |
| Maj pair4 | EURJPY | |
| Maj pair5 | EURAUD | |
| Maj pair6 | EURCAD | |
| Maj pair7 | EURNZD | |
| Checking m as | Fast v Slow Checks | |
| Slow check ma | 55 | |
| Fast check ma | 34 | |
| Data smoothie | Smoothing Line | |
| Sig smooth | 20 | |
| Checking tf | Timeframe 0 is current | |
| Check tf | 0 | |
| Author site | Forex-Indicators.weebly.com | |
| Major usd | Usd as Major 3 Pairs | |
| Minor usd | Usd as Minor 4 Pairs | |
| Min pair1 | AUDUSD | |
| Min pair2 | EURUSD |
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: Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Dashboards & Scanners · Moving Average · ATR · MT4 Indicator · MQL4 Source Code