Forex Mogalef Bands Trading Strategy
From the Old Kings archive: Forex Mogalef Bands Trading Strategy, an indicator for MetaTrader 4. It has 2 settings, for example lp (default 25) and sp (default 30). 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 Mogalef Bands Trading Strategy
Forex Mogalef Bands Trading Strategy is an indicator for MetaTrader 4. It has 2 settings, such as Lp and Sp. MQL source code included.
Files in the download: installation manual.txt, MogalefBands 4.mq4, Template mogalef bands.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Lp | 25 | |
| Sp | 30 |
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: MT4 Indicator · MQL4 Source Code