Forex Envelopes Kijun Sen REV Indicator
Forex Envelopes Kijun Sen REV Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to moving-average envelopes. It has 12 settings, for example Kijun Sen Period (default 26), Envelope Deviation (default 3000) and Envelope Top Label Color (default LimeGreen). 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 Envelopes Kijun Sen REV Indicator
Forex Envelopes Kijun Sen REV Indicator is an indicator for MetaTrader 4. It has 12 settings, such as Kijun sen period, Envelope deviation and Envelope top label color. MQL source code included.
Files in the download: 0 - Kijun-Sen + Envelopes - rev1.ex4, 0 - Kijun-Sen + Envelopes - rev1.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Kijun sen period | 26 | Period or timeframe used by the calculation |
| Envelope deviation | 3000 | |
| Envelope top label color | LimeGreen | Colour on the chart |
| Kijun sen label color | DodgerBlue | Colour on the chart |
| Envelope bottom label color | Red | Colour on the chart |
| Text size | 12 | |
| Make text bold | true | |
| Move text right | 25 | |
| Show top envelope band | true | |
| Show kijun sen | true | |
| Show bottom envelope band | true | |
| Show labels | 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