Forex Dolly Modified Trading System
This Old Kings indicator for MetaTrader 4 is called Forex Dolly Modified Trading System. The file name marks it as a modified edition. In the code it works with MACD, the Stochastic oscillator and moving averages. It can send alerts. It has 40 settings, for example Show Local (default false), corner (default 1) and top Off (default 120). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 13 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 Dolly Modified Trading System
Forex Dolly Modified Trading System is an indicator for MetaTrader 4 based on MACD, Stochastic and Moving Average. It can alert you with a pop-up, sound, email or push message. It has 40 settings, such as Show local, Corner and Top off. MQL source code included.
Files in the download: b-clock modified.ex4, b-clock modified.mq4, Clock v1_2_auto.ex4, Clock v1_2_auto.mq4, DIGISTOCH.ex4, DIGISTOCH.mq4, Dolly_Graphics_v11-GMTShift.ex4, Dolly_Graphics_v11-GMTShift.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Show local | false | |
| Corner | 1 | |
| Top off | 120 | |
| Label color | Gray | Colour on the chart |
| Clock color | White | Colour on the chart |
| Show12 hour time | false | |
| K period | 8 | Period or timeframe used by the calculation |
| D period | 3 | Period or timeframe used by the calculation |
| S period | 3 | Period or timeframe used by the calculation |
| Show stoch value | true | |
| Show legend | true | |
| Gm tshift | 0 | Bar shift (0 = current bar) |
| Using open graphics | true | |
| Dolly graphics | true | |
| Alert on | false | Turn this alert on or off |
| Auto signals | true | |
| Show dolly comments | true | Comment written on the orders |
| Buy color 2 | C'0,0,150' | Colour on the chart |
| Buy color 1 | C'0,0,100' | Colour on the chart |
| Sell color 1 | C'120,0,0' | Colour on the chart |
| Sell color 2 | C'180,0,0' | Colour on the chart |
| Buy target 2 | 50 | |
| Buy target 1 | 40 | |
| Buy area | 20 | |
| Sell area | 20 | |
| Sell target 1 | 40 | |
| Sell target 2 | 50 | |
| Shift dolly text | 0 | Bar shift (0 = current bar) |
| Show daily average graphics | true | |
| Daily average graphics | true | |
| Daily av up color 150 | C'0,110,255' | Colour on the chart |
| Daily av up color 125 | C'0,70,255' | Colour on the chart |
| Daily av up color 100 | C'20,20,255' | Colour on the chart |
| Daily av up color 75 | C'0,0,210' | Colour on the chart |
| Daily av dn color 75 | C'220,0,0' | Colour on the chart |
| Daily av dn color 100 | C'255,0,10' | Colour on the chart |
| Daily av dn color 125 | C'255,70,0' | Colour on the chart |
| Daily av dn color 150 | C'255,110,0' | Colour on the chart |
| Shift daily average text | 28 | Bar shift (0 = current bar) |
| Show pivot lines | false |
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: Alerts · MACD · Stochastic · Moving Average · MT4 Indicator · MQL4 Source Code