Forex Envelopes Kijun Sen Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Envelopes Kijun Sen Indicator. Judging by its name, it is built around moving-average envelopes. It has 4 settings, for example Kijun Sen Period (default 26), Envelope (default 400) and Show Top Envelope (default true). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Envelopes Kijun Sen Indicator
Forex Envelopes Kijun Sen Indicator is an indicator for MetaTrader 4. It has 4 settings, such as Kijun sen period, Envelope and Show top envelope. MQL source code included.
Files in the download: 0 - Kijun-Sen + Envelopes.ex4, 0 - Kijun-Sen + Envelopes.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Kijun sen period | 26 | Period or timeframe used by the calculation |
| Envelope | 400 | |
| Show top envelope | true | |
| Show bot envelope | true |
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: Channels & Envelopes · MT4 Indicator · MQL4 Source Code