Forex Fast Directions Trading Strategy
From the Old Kings archive: Forex Fast Directions Trading Strategy, an indicator for MetaTrader 4. In the code it works with CCI and ATR. It draws arrows on the chart and can send alerts. It has 14 settings, for example CCIPeriod (default 20), CCILevel Up (default 90) and CCILevel Dn (default -90). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 3 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 Fast Directions Trading Strategy
Forex Fast Directions Trading Strategy is an indicator for MetaTrader 4 based on CCI 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 14 settings, such as Cci period, Cci level up and Cci level dn. MQL source code included.
Files in the download: CandleBreaker.ex4, color cci scalping.tpl, ColorCCI.mq4, installation manual.txt, JJN-Bee.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Cci period | 20 | Period or timeframe used by the calculation |
| Cci level up | 90 | |
| Cci level dn | -90 | |
| Copyright | http://jjnewark.atw.hu | |
| Atr period | 8 | Period or timeframe used by the calculation |
| Show tp sl | true | |
| Show levels | true | |
| Buy color | YellowGreen | Colour on the chart |
| Sell color | OrangeRed | Colour on the chart |
| Font color | Black | Colour on the chart |
| Display decimals | 4 | |
| Pos x | 25 | |
| Pos y | 25 | |
| Sound alert | true | 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 · CCI · ATR · MT4 Indicator · MQL4 Source Code