Forex Pivots Daily Weekly Swing Trading Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Pivots Daily Weekly Swing Trading Strategy. Its name points to pivot points (daily or weekly support / resistance levels). In the code it works with moving averages. It draws arrows on the chart, can send alerts and shows an on-chart panel. It has 9 settings, for example Show Mid Line (default FALSE), Bars Count (default 5000) and Code Signal Up (default 233). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 10 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 Pivots Daily Weekly Swing Trading Strategy
Forex Pivots Daily Weekly Swing Trading Strategy is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and shows several symbols in one panel. It has 9 settings, such as Show mid line, Bars count and Code signal up. MQL source code included.
Files in the download: installation manual.txt, _CC_Direction_Current_TimeFrame.ex4, _CC_Direction_Current_TimeFrame.mq4, _CC_Direction_Higher_TimeFrame.ex4, _CC_Direction_Higher_TimeFrame.mq4, _CC_MA_Signal.ex4, _CC_MA_Signal.mq4, _CC_Pivots_Daily.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Show mid line | FALSE | |
| Bars count | 5000 | |
| Code signal up | 233 | |
| Code signal down | 234 | |
| Count periods | 200 | Number of bars in the calculation |
| Shade zones | TRUE | |
| Show pivot labels | TRUE | |
| Colour resistance | Red | Colour on the chart |
| Colour support | LimeGreen | 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: Pivot Points · Buy/Sell Arrows · Alerts · Dashboards & Scanners · Moving Average · MT4 Indicator · MQL4 Source Code