Forex Ichimoku XO Trading Strategy
Forex Ichimoku XO Trading Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around the Ichimoku Kinko Hyo cloud. It has 21 settings, for example angle up (default 22.5), angle dn (default 22.5) and Width (default 0). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 6 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 XO Trading Strategy
Forex Ichimoku XO Trading Strategy is an indicator for MetaTrader 4. It has 21 settings, such as Angle up, Angle dn and Width. MQL source code included.
Files in the download: Gann_SQ9_A.ex4, Gann_SQ9_A.mq4, Ichimoku with I-XO-A-H.tpl, installation manual.txt, I_XO_A_H.ex4, I_XO_A_H.mq4, RenkoLiveChart_v600.6_indi.ex4, RenkoLiveChart_v600.6_indi.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Angle up | 22.5 | |
| Angle dn | 22.5 | |
| Width | 0 | |
| Style | 2 | |
| Kol lev | 8 | |
| Resistance color | Tomato | Colour on the chart |
| Support color | DodgerBlue | Colour on the chart |
| Level 0 | LightSteelBlue | |
| Lev v | true | |
| Level v | LightSteelBlue | |
| Complect | 0 | |
| Depth | 21 | |
| Deviation | 5 | |
| Backstep | 3 | Distance between orders |
| Box size | 15 | |
| Renko box size | 3.0 | |
| Renko box offset | 0 | |
| Renko time frame | 7 | Offline Timeframe |
| Show wicks | false | |
| Emulate on line chart | true | |
| Strange symbol name | false |
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 · MT4 Indicator · MQL4 Source Code