Forex Power Imax Trading Strategy
Forex Power Imax Trading Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses RSI and ATR. It draws arrows on the chart. It has 33 settings, for example Viscosity (default 7), Sedimentation (default 50) and Threshold level (default 1.1). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 12 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 Power Imax Trading Strategy
Forex Power Imax Trading Strategy is an indicator for MetaTrader 4 based on RSI and ATR. It draws buy and sell arrows on the chart. It has 33 settings, such as Viscosity, Sedimentation and Threshold level. MQL source code included.
Files in the download: Brooky_KST_Advanced_Analysis_V3.ex4, Brooky_KST_Advanced_Analysis_V3_Chart.ex4, Brooky_Trend_Strength.ex4, Damiani_volatmeter.ex4, Damiani_volatmeter.mq4, IMax3 trading.tpl, iMAX3.ex4, iMAX3.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Viscosity | 7 | |
| Sedimentation | 50 | |
| Threshold level | 1.1 | |
| Lag supressor | true | |
| 0 | Select Mode | |
| I ma xmode | true | |
| Hp mode | false | |
| Hpx mode | false | |
| 1 | ||
| 2 | Display on chart | |
| I max phases | true | |
| Hp phases | false | |
| Hpx phases | false | |
| 3 | ||
| 4 | Amplitude shift for hp modes. | |
| 5 | 0.0 = Use internal presets. | |
| Ph1step h pmodes | 0.0 | Distance between orders |
| 6 | ||
| Hpx ph1color | Lime | Colour on the chart |
| Hpx ph2color | HotPink | Colour on the chart |
| 7 | ||
| Hp ph1color | White | Colour on the chart |
| Hp ph2color | Orange | Colour on the chart |
| 8 | ||
| I ma xph1color | Aqua | Colour on the chart |
| I ma xph2color | Red | Colour on the chart |
| Rsi period | 55 | Period or timeframe used by the calculation |
| Rsi price | 0 | |
| Overbought | 50 | |
| Oversold | 50 | |
| Rsi | 14 | |
| Ma | 8 | |
| Cbars | 0 |
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 · RSI · ATR · MT4 Indicator · MQL4 Source Code