Forex Farewell Modified Swing Trading Strategy 2
This Old Kings indicator for MetaTrader 4 is called Forex Farewell Modified Swing Trading Strategy 2. The file name marks it as a modified edition. In the code it works with MACD, RSI, moving averages and ATR. It draws arrows on the chart and can send alerts. It has 18 settings, for example ma Period (default 50), ma Method (default MODE_EMA) and ma Price (default PRICE_CLOSE). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Farewell Modified Swing Trading Strategy 2
Forex Farewell Modified Swing Trading Strategy 2 is an indicator for MetaTrader 4 based on MACD, RSI, Moving Average and ATR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 18 settings, such as Ma period, Ma method and Ma price. MQL source code included.
Files in the download: farewell.tpl, MA rsi.ex4, MA rsi.mq4, MACD Cross.ex4, MACD Cross.mq4, MACD line.ex4, MACD line.mq4, farewell modified.tpl ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma period | 50 | Period or timeframe used by the calculation |
| Ma method | MODE_EMA | |
| Ma price | PRICE_CLOSE | |
| Rsi period | 40 | Period or timeframe used by the calculation |
| Rsi level | 50 | |
| Fast ema | 38 | |
| Slow ema | 120 | |
| Macd sma | 20 | |
| Use alert | false | Turn this alert on or off |
| Fast ema | 38 | |
| Slow ema | 120 | |
| Signal sma | 20 | |
| Ma price | 0 | Applied Price: 0-C,1-O,2-H,3-L,4-Median,5-Typical,6-Weighted |
| Ma length | 4 | MA's Period |
| Ma mode | 0 | MA's Method:0-SMA,1-EMA,2-SMMA,3-LWMA |
| Atr length | 11 | ATR's Period |
| Kv | 2 | Volatility's Factor or Multiplier |
| Money risk | 0.15 | Offset Factor |
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 · MACD · RSI · Moving Average · ATR · MT4 Indicator · MQL4 Source Code