Forex Orabi Method Trading System
Forex Orabi Method Trading System — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses the Stochastic oscillator, moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example note1 (default Fibonacci colors), Upper Fibo Color (default Navy) and Main Fibo Color (default RoyalBlue). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 18 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 Orabi Method Trading System
Forex Orabi Method Trading System is an indicator for MetaTrader 4 based on Stochastic, Moving Average and ATR. 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 Note1, Upper fibo color and Main fibo color. MQL source code included.
Files in the download: #SpudFibo.ex4, #SpudFibo.mq4, 3c_Turbo_JRSX_Filtered.ex4, 3c_Turbo_JRSX_Filtered.mq4, abo3oon.tpl, CandleAverage_v3.ex4, CandleAverage_v3.mq4, Center of Gravity 1.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Note1 | Fibonacci colors | |
| Upper fibo color | Navy | Colour on the chart |
| Main fibo color | RoyalBlue | Colour on the chart |
| Lower fibo color | DodgerBlue | Colour on the chart |
| Note2 | Draw main Fibonacci lines? | |
| Inner fibs | true | |
| Len | 14 | ---- buffers |
| Filter | 0.0 | |
| Length | 31 | |
| H period | 25 | Period or timeframe used by the calculation |
| L period | 27 | Period or timeframe used by the calculation |
| C period | 9 | Period or timeframe used by the calculation |
| Bars back | 125 | |
| M | 2 | |
| I | 0 | |
| Kstd | 2.0 | |
| S name | 1102 | |
| Note3 | 1=M1, 5=M5, 15=M15, 30=M30 | |
| Note4 | 60=H1, 240=H4, 1440=D1 | |
| Note5 | 10080=W1, 43200=MN1 | |
| Time frame | 0 | {1=M1, 5=M5, 15=M15, ..., 1440=D1, 10080=W1, 43200=MN1} |
| Note6 | Stochastic settings | |
| K period | 14 | Period or timeframe used by the calculation |
| D period | 3 | Period or timeframe used by the calculation |
| Slowing | 3 | |
| Note7 | 0=sma, 1=ema, 2=smma, 3=lwma | |
| Ma method | 0 | |
| Note8 | 0=high/low, 1=close/close | |
| Price field | 0 | |
| Note9 | overbought level | |
| Over bought | 80 | |
| Note10 | oversold level | |
| Over sold | 20 | |
| Show bars | false | |
| Show arrows | false | |
| Alerts on | false | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Bid ask colors | True | Colour on the chart |
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) · Stochastic · Moving Average · ATR · MT4 Indicator · MQL4 Source Code