Forex Future Bar Trading Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Future Bar Trading Indicator. In the code it works with moving averages. It draws arrows on the chart and can send alerts. It has 7 settings, for example Ma Period (default 50), Ma Metod (default 1) and Step (default 0). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file 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 Future Bar Trading Indicator
Forex Future Bar Trading Indicator is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 7 settings, such as Ma period, Ma metod and Step. MQL source code included.
Files in the download: Future_Indicator.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma period | 50 | Period or timeframe used by the calculation |
| Ma metod | 1 | |
| Step | 0 | Distance between orders |
| Count bars | 4000 | |
| Use t3 | true | |
| B | 0.88 | |
| 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 · Moving Average · MT4 Indicator · MQL4 Source Code