Forex Power Price Action Trading Strategy
Forex Power Price Action Trading Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around price action (reading the candles themselves). Its source code uses CCI. It has 4 settings, for example topcol (default 000,000,000), bottomcol (default 000,000,255) and steps (default 20). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 5 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 Price Action Trading Strategy
Forex Power Price Action Trading Strategy is an indicator for MetaTrader 4 based on CCI. It has 4 settings, such as Topcol, Bottomcol and Steps. MQL source code included.
Files in the download: FadedBckgrnd.mq4, installation manual.txt, NS.mq4, power price action.tpl, PowerPriceAction.ex4, PowerPriceAction2.ex4, PowerRailTrain.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Topcol | 000,000,000 | |
| Bottomcol | 000,000,255 | |
| Steps | 20 | Distance between orders |
| Sensitivity | 1 |
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: Price Action · CCI · MT4 Indicator · MQL4 Source Code