Forex Faizumi V2 Modified Trading System
This Old Kings indicator for MetaTrader 4 is called Forex Faizumi V2 Modified Trading System. The file name marks it as version 2. In the code it works with MACD, RSI and the Stochastic oscillator. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example ADXPeriod (default 13), Time Frame (default 0) and ADXperiod (default 14). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 · v2 · Free
About Forex Faizumi V2 Modified Trading System
Forex Faizumi V2 Modified Trading System is an indicator for MetaTrader 4 based on MACD, RSI and Stochastic. 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 40 settings, such as Adx period, Time frame and Ad xperiod. MQL source code included.
Files in the download: Advanced_ADX.mq4, ADX_HDSqz_mtf.mq4, faizumi modified v2.tpl, faizumi v2.tpl, Golden Finger.ex4, installation manual.txt, TH_MTF_Bar1.2_alerts.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Adx period | 13 | Period or timeframe used by the calculation |
| Time frame | 0 | Period or timeframe used by the calculation |
| Ad xperiod | 14 | Period or timeframe used by the calculation |
| D iperiod | 14 | Period or timeframe used by the calculation |
| B bsqueez arw shift | -15 | Bar shift (0 = current bar) |
| Bol prd | 20 | |
| Bol dev | 2.0 | |
| Kelt prd | 20 | |
| Kelt factor | 1.5 | |
| Bars to count | 1200 | |
| Bar type | 1CCI 2MACD 3OsMA | |
| Indicators | 4MOM 5RSI 6STO 7ADX | |
| Adx period | 14 | 11 |
| Cci period | 14 | Period or timeframe used by the calculation |
| Rsi period | 13 | Period or timeframe used by the calculation |
| Mom period | 14 | Period or timeframe used by the calculation |
| Macd fast | 12 | |
| Macd slow | 26 | |
| Macd sig | 9 | |
| Osma macd sto | msLineMode 0Main 1SigLn | |
| Sto k period | 5 | Period or timeframe used by the calculation |
| Sto d period | 3 | Sensivity Factor for Fast Line |
| Sto slowing | 3 | Sensivity Factor for Slow Line |
| Sto price | 0 | sto: 0 - Low/High or 1 - Close/Close |
| Sto m amethod | 0 | |
| Obo slv mode | false | overbought/sold levels |
| Ob lv | 70 | |
| Os lv | 30 | |
| Adx level | 20 | if obos mode DIoverbought/sold levels = ADX_Level |
| Ma method | SMA0 EMA1 SMMA2 LWMA3 | |
| Note price | 0C 1O 2H 3L 4Md 5Tp 6WghC: Md(HL/2)4,Tp( | |
| Ms line mode | 0 | 0main 1signal |
| Price | 0 | |
| Max bars | 1000 | |
| Tf label v sadjust | -0.6 | |
| Tf text color | White | Colour on the chart |
| Tf same tf color | Lime | Colour on the chart |
| Tf text font size | 6 | |
| Notealerts | --- Alerts --- | Turn this alert on or off |
| Allow box alerts | false | Turn this alert on or off |
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) · MACD · RSI · Stochastic · MT4 Indicator · MQL4 Source Code