Forex ELR Color Binary Options Strategy
Forex ELR Color Binary Options Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages. It has 3 settings, for example PERIOD Signal 1 (default 13), PERIOD Signal 2 (default 13) and N (default 2). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 7 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 ELR Color Binary Options Strategy
Forex ELR Color Binary Options Strategy is an indicator for MetaTrader 4 based on Moving Average. It has 3 settings, such as Period signal 1, Period signal 2 and N. MQL source code included.
Files in the download: #MTF Stochastic v2.0.ex4, E75 2+.ex4, ELR color.ex4, ELR color.mq4, ELR Divergence v1.ex4, ELR E75.tpl, ELR_Color.ex4, FSP Short Trend Arrows.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Period signal 1 | 13 | Number of bars in the calculation |
| Period signal 2 | 13 | Number of bars in the calculation |
| N | 2 |
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: Binary Options · Moving Average · MT4 Indicator · MQL4 Source Code