Forex Kijun Sen Envelope Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Kijun Sen Envelope Indicator. Its name points to moving-average envelopes. It has 13 settings, for example Kijun Sen Period (default 50), Envelope Deviation (default 300) and a (default * * * * * ). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Kijun Sen Envelope Indicator
Forex Kijun Sen Envelope Indicator is an indicator for MetaTrader 4. It has 13 settings, such as Kijun sen period, Envelope deviation and A. MQL source code included.
Files in the download: installation manual.txt, Kijun_Sen_and_Envelope.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Kijun sen period | 50 | Kijun Sen Period |
| Envelope deviation | 300 | Envelope Deviation |
| A | * * * * * | Kijun Sen and Envelope colors - See Colors Tab |
| Show kijun sen | true | Show Kijun Sen |
| Show top envelope band | true | Show Top Envelope |
| Show bottom envelope band | true | Show Bottom Envelope |
| Show labels | false | Show Price |
| Envelope top label color | LimeGreen | Top Envelope Price Color |
| Kijun sen label color | DodgerBlue | Kijun Sen Price Color |
| Envelope bottom label color | Red | Bottom Envelope Price Color |
| Text size | 12 | Price Font Size |
| Make text bold | false | Price Font Bold |
| Move text right | 25 | Move Price < - - - - > |
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 · MT4 Indicator · MQL4 Source Code