Forex Dragon Fire Trading Strategy
Forex Dragon Fire Trading Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 26 settings, for example EMAPeriod (default 34), LSMAPeriod (default 25) and From Zero (default 3). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 4 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 Dragon Fire Trading Strategy
Forex Dragon Fire Trading Strategy is an indicator for MetaTrader 4 based on Moving Average. 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 26 settings, such as Ema period, Lsma period and From zero. MQL source code included.
Files in the download: Dragon Fire.tpl, i-GentorLSMA&EMA.ex4, i-GentorLSMA&EMA.mq4, installation manual.txt, ptl 2.02 & alerts nmc.ex4, ptl 2.02 & alerts nmc.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ema period | 34 | period |
| Lsma period | 25 | LSMA period |
| From zero | 3 | Distance from zero level |
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Slow length | 7 | |
| Slow pip displace | 0 | |
| Fast length | 3 | |
| Fast pip displace | 0 | |
| Alerts on | false | Turn this alert on or off |
| Alerts on current | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Alerts notification | false | Turn this alert on or off |
| Show colored bars | true | Colour on the chart |
| Show lines | true | |
| Show arrows | true | |
| Show candles | false | |
| Candle count | 500 | |
| Wick color | Gray | Colour on the chart |
| Body up color | LimeGreen | Colour on the chart |
| Body down color | PaleVioletRed | Colour on the chart |
| Body neutral color | Silver | Colour on the chart |
| Body width | 4 | |
| Draw as back | false | |
| Unique id | ptlCandles1 |
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) · Moving Average · MT4 Indicator · MQL4 Source Code