Forex Mystery Contrast Trading Strategy
From the Old Kings archive: Forex Mystery Contrast Trading Strategy, an indicator for MetaTrader 4. It draws arrows on the chart and can read another timeframe. It has 9 settings, for example coeff (default 0), Time Frame1 (default Current time frame) and Time Frame2 (default next1). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 3 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 Mystery Contrast Trading Strategy
Forex Mystery Contrast Trading Strategy is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can show data from another timeframe (MTF). It has 9 settings, such as Coeff, Time frame1 and Time frame2. MQL source code included.
Files in the download: ##Contrast-mtf.mq4, ##Contrast.ex4, Contrast template.tpl, installation manual.txt, _Mystery Data.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Coeff | 0 | |
| Time frame1 | Current time frame | Period or timeframe used by the calculation |
| Time frame2 | next1 | Period or timeframe used by the calculation |
| Time frame3 | next2 | Period or timeframe used by the calculation |
| Time frame4 | next3 | Period or timeframe used by the calculation |
| Lines width | 0 | |
| Labels color | DarkGray | Colour on the chart |
| Labels horizontal shift | 3 | Bar shift (0 = current bar) |
| Labels vertical shift | 1.6 | Bar shift (0 = current bar) |
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 · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code