Forex Power Smooth Trading Strategy
From the Old Kings archive: Forex Power Smooth Trading Strategy, an indicator for MetaTrader 4. In the code it works with moving averages, ATR and an oscillator. It draws arrows on the chart and can send alerts. It has 16 settings, for example period (default 15), method (default 3) and price (default 0). 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 Power Smooth Trading Strategy
Forex Power Smooth Trading Strategy is an indicator for MetaTrader 4 based on Moving Average, ATR and Oscillator. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 16 settings, such as Period, Method and Price. MQL source code included.
Files in the download: (T_S_R)-Signal Line.ex4, (T_S_R)-Signal Line.mq4, Fortitudo Trend.ex4, Fortitudo Trend.mq4, FX53.ex4, FX53.mq4, FX_Sniper_Ergodic_CCI_Trigger.ex4, FX_Sniper_Ergodic_CCI_Trigger.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Period | 15 | Period or timeframe used by the calculation |
| Method | 3 | MODE_SMA |
| Price | 0 | PRICE_CLOSE |
| Range periods | 55 | Number of bars in the calculation |
| Price smoothing | 0.03 | |
| Index smoothing | 0.00 | |
| Left right | 0 | |
| Up down | 0 | |
| Num bars | 500 | |
| Enable alerts | 1 | Turn this alert on or off |
| Pq | 8 | was 4 |
| Pr | 8 | was 10 |
| Ps | 5 | was 5 |
| Trigger | 4 | was 3 |
| Sound alert | false | Turn this alert on or off |
| RISK | 4 | Risk per trade (percent of balance) |
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 · Moving Average · ATR · Oscillator · MT4 Indicator · MQL4 Source Code