Forex Ichimoku Senkoua Envelope Indicator
Forex Ichimoku Senkoua Envelope Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around the Ichimoku Kinko Hyo cloud and moving-average envelopes. It has 6 settings, for example Tenkan (default 9), Kijun (default 26) and Draw Tenkan (default False). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 2 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 Ichimoku Senkoua Envelope Indicator
Forex Ichimoku Senkoua Envelope Indicator is an indicator for MetaTrader 4. It has 6 settings, such as Tenkan, Kijun and Draw tenkan. MQL source code included.
Files in the download: ichimoku_senkoua_envelope.ex4, ichimoku_senkoua_envelope.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Tenkan | 9 | Tenkan-sen |
| Kijun | 26 | Kijun-sen |
| Draw tenkan | False | |
| Draw kijun | False | |
| Envelope level1 | 400 | |
| Envelope level2 | 600 |
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: Ichimoku · Channels & Envelopes · MT4 Indicator · MQL4 Source Code