Forex Medekarama Te KniK Trading System
From the Old Kings archive: Forex Medekarama Te KniK Trading System, an indicator for MetaTrader 4. In the code it works with MACD, RSI and the Stochastic oscillator. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example SR (default 3), SRZZ (default 12) and Main RZZ (default 20). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 37 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 Medekarama Te KniK Trading System
Forex Medekarama Te KniK Trading System is an indicator for MetaTrader 4 based on MACD, RSI and Stochastic. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as SR, SRZZ and Main rzz. MQL source code included.
Files in the download: !XPS v6 PANEL.ex4, StepStopExpert_v1.1.ex4, ArrZZx2.ex4, ArrZZx2.mq4, Clock.ex4, Clock.mq4, ForexTrend_v22.ex4, FX_ MACD 2.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| SR | 3 | =3..4 |
| SRZZ | 12 | =4..12..20 |
| Main rzz | 20 | =12..20..54... |
| FP | 21 | |
| SMF | 3 | =1..5 |
| Draw zz | false | |
| Price const | 0 | 0 - Close |
| Crash | false | |
| Time frame | 0 | Period or timeframe used by the calculation |
| Length | 5 | |
| Method | 3 | |
| Smoothing | 1 | |
| Filter | 5 | |
| Real time | true | |
| Steady | false | |
| Color | true | Colour on the chart |
| Alerts | true | Turn this alert on or off |
| Email on | false | Turn this alert on or off |
| Signal price | true | |
| Signal price buy | Yellow | |
| Signal price sell | Aqua | |
| Count bars | 1485 | |
| Corner of chart right top | true | |
| Show price | true | |
| Show xtra details | false | |
| Show smaller size | false | |
| Shift up dn | 0 | Bar shift (0 = current bar) |
| Adjust side to side | 0 | |
| Bar label color | LightSteelBlue | Colour on the chart |
| Comment label color | LightSteelBlue | Colour on the chart |
| Macd fast | 8 | |
| Macd slow | 21 | |
| Macd signal | 8 | |
| Macd price type | 0 | |
| Rsi period | 8 | Period or timeframe used by the calculation |
| Rsi price type | 0 | |
| Cci period | 13 | Period or timeframe used by the calculation |
| Cci price type | 0 | |
| Stoch k period | 5 | Period or timeframe used by the calculation |
| Stoch d period | 3 | Period or timeframe used by the calculation |
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 · Alerts · Multi-Timeframe (MTF) · MACD · RSI · Stochastic · MT4 Indicator · MQL4 Source Code