Forex Kino ATR Channels Stop Loss Indicator
From the Old Kings archive: Forex Kino ATR Channels Stop Loss Indicator, an indicator for MetaTrader 4. As the name suggests, the idea behind it is ATR volatility and price channels. In the code it works with ATR. It has 1 setting, for example Periods ATR (default 10). 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 Kino ATR Channels Stop Loss Indicator
Forex Kino ATR Channels Stop Loss Indicator is an indicator for MetaTrader 4 based on ATR. It has 1 setting, such as Periods atr. MQL source code included.
Files in the download: installation manual.txt, kino_ATR ChannelsStopLoss.ex4, kino_ATR ChannelsStopLoss.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Periods atr | 10 | if turtle long term put 20 |
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: ATR · Channels & Envelopes · MT4 Indicator · MQL4 Source Code