Forex Double Channel MA Swing Trading Strategy
Forex Double Channel MA Swing Trading Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to moving averages and price channels. Its source code uses 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). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Swing Trading Strategy
Forex Double Channel MA 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