Forex Holy Grail Channel Binary Options Strategy
Forex Holy Grail Channel Binary Options Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around price channels. Its source code uses moving averages. It draws arrows on the chart and can send alerts. It has 4 settings, for example Wave Period (default 10), Avg Period (default 21) and Sound Alert (default FALSE). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Holy Grail Channel Binary Options Strategy
Forex Holy Grail Channel Binary Options Strategy 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 4 settings, such as Wave period, Avg period and Sound alert. MQL source code included.
Files in the download: binaryholygrail.tpl, HolyCandleTime.ex4, HolyChannel.ex4, HolySignal.ex4, installation manual.txt, trend-wave.ex4, trend-wave.mq4, TrendWave.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Wave period | 10 | Period or timeframe used by the calculation |
| Avg period | 21 | Period or timeframe used by the calculation |
| Sound alert | FALSE | Turn this alert on or off |
| Email alert | 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: Channels & Envelopes · Binary Options · Buy/Sell Arrows · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code