Forex Double Channel MA Filtered Swing Trading Strategy
From the Old Kings archive: Forex Double Channel MA Filtered Swing Trading Strategy, an indicator for MetaTrader 4. Judging by its name, it is built around moving averages and price channels. In the code it works with MACD and RSI. It can send alerts. It has 11 settings, for example Minutes (default 0), MACD Fast (default 5) and MACD Slow (default 8). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 · v1.0 · Free
About Forex Double Channel MA Filtered Swing Trading Strategy
Forex Double Channel MA Filtered Swing Trading Strategy is an indicator for MetaTrader 4 based on MACD and RSI. It can alert you with a pop-up, sound, email or push message. It has 11 settings, such as Minutes, Macd fast and Macd slow. MQL source code included.
Files in the download: !XARD MACD FLAT TREND.mq4, double channel ma filtered.tpl, installation manual.txt, RSI HistoAlert v2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Minutes | 0 | |
| Macd fast | 5 | |
| Macd slow | 8 | |
| Macd ma | 9 | |
| N bar | 1000 | |
| Signal on closed candle | false | |
| Alert on | false | Turn this alert on or off |
| Email on | false | Turn this alert on or off |
| Corner | 0 | |
| Rsi period | 8,RSIPrice=0,MASignal=13,MAMode=0,BuyAle | Period or timeframe used by the calculation |
| Rsi histo modify | 1.5 |
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 · Channels & Envelopes · Alerts · MACD · RSI · MT4 Indicator · MQL4 Source Code