Forex KG Analysis Swing Trading Strategy
This Old Kings indicator for MetaTrader 4 is called Forex KG Analysis Swing Trading Strategy. In the code it works with moving averages, Bollinger Bands, Momentum and MACD. It draws arrows on the chart and shows an on-chart panel. It has 31 settings, for example Bands Period (default 24), MA Mode (default MODE_LWMA) and Bands Shift (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 63 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 KG Analysis Swing Trading Strategy
Forex KG Analysis Swing Trading Strategy is an indicator for MetaTrader 4 based on Moving Average, Bollinger Bands, Momentum and MACD. It draws buy and sell arrows on the chart and shows several symbols in one panel. It has 31 settings, such as Bands period, Ma mode and Bands shift. MQL source code included.
Files in the download: Bands Q.ex4, Bands Q.mq4, BarClock v2 (AAD Mods).ex4, BS_#MarketPrice.ex4, KG Average HLCC.ex4, KG Average HLCC.mq4, KG Balance Daily.ex4, KG Balance Daily.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Bands period | 24 | Period or timeframe used by the calculation |
| Ma mode | MODE_LWMA | |
| Bands shift | 0 | Bar shift (0 = current bar) |
| Bands deviations | 2.0 | |
| Price type | 6 | |
| Note1 | Fibonacci colors | |
| Main fibo color | RoyalBlue | Colour on the chart |
| Note2 | Draw main Fibonacci lines? | |
| Inner fibs | true | |
| My period | PERIOD_D1 | Period or timeframe used by the calculation |
| Sd 1 | 1 | |
| Sd 2 | 2 | |
| Sd 3 | 3 | |
| Sd 4 | 4 | |
| Corner | 1 | |
| Ma month color | Aqua | Colour on the chart |
| Ma week color | Magenta | Colour on the chart |
| Ma day color | Lime | Colour on the chart |
| Ma 8 h color | Yellow | Colour on the chart |
| Ma 4 h color | MediumBlue | Colour on the chart |
| Ma 1 h color | Red | Colour on the chart |
| Ma 30 m color | DarkViolet | Colour on the chart |
| Ma 15 m color | White | Colour on the chart |
| Ma year color | Maroon | Colour on the chart |
| Ma 4 m color | Indigo | Colour on the chart |
| Ma 1 m color | Aqua | Colour on the chart |
| Applied price | 6 | |
| Periode | 24 | Number of bars in the calculation |
| Ma methode | 0 | |
| Mode ma | 0 | |
| Price type | 0 |
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 · Dashboards & Scanners · Moving Average · Bollinger Bands · Momentum · MACD · MT4 Indicator · MQL4 Source Code