Forex Magic Oscillator Alert Binary Options Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Magic Oscillator Alert Binary Options Strategy. As the name suggests, the idea behind it is alerts. In the code it works with moving averages. It can send alerts. It has 11 settings, for example Alerts (default true), Period1 (default 5) and Period2 (default 34). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 4 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 Magic Oscillator Alert Binary Options Strategy
Forex Magic Oscillator Alert Binary Options Strategy is an indicator for MetaTrader 4 based on Moving Average. It can alert you with a pop-up, sound, email or push message. It has 11 settings, such as Alerts, Period1 and Period2. MQL source code included.
Files in the download: installation manual.txt, Magic Oscillator 2 .tpl, Magic Oscillator Binary System.tpl, MagicOscillator1_22.ex4, MagicOscillator1_22.mq4, Market Panel Display Controller.ex4, strength-candles-indicator.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Alerts | true | Turn this alert on or off |
| Period1 | 5 | Number of bars in the calculation |
| Period2 | 34 | Number of bars in the calculation |
| Type ma | MODE_SMA | 0-3 |
| Type price | PRICE_MEDIAN | 0-6 |
| Delta1buy | 0 | -1 |
| Delta1sell | 0 | -1 |
| Delta2buy | 0 | -1 |
| Delta2sell | 0 | -1 |
| Delta3buy | 0 | -1 |
| Delta3sell | 0 | -1 |
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: Oscillator · Alerts · Binary Options · Moving Average · MT4 Indicator · MQL4 Source Code