Forex KL Signals Optimized Indicator
Forex KL Signals Optimized Indicator is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is buy / sell signals on the chart. Its source code uses moving averages. It draws arrows on the chart. It has 3 settings, for example Length1 (default 3), Length2 (default 10) and Length3 (default 18). Load it on a demo chart and check whether its signals repaint before trusting them. 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 KL Signals Optimized Indicator
Forex KL Signals Optimized Indicator is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart. It has 3 settings, such as Length1, Length2 and Length3. MQL source code included.
Files in the download: installation manual.txt, KI_signals1_H1ylow_3-10-18_optimized.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Length1 | 3 | |
| Length2 | 10 | |
| Length3 | 18 |
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 · Moving Average · MT4 Indicator · MQL4 Source Code