Forex Profit Filter Trading Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Profit Filter Trading Strategy. In the code it works with MACD, RSI, moving averages and Bollinger Bands. It draws arrows on the chart and can send alerts. It has 40 settings, for example Use Filter (default False), Use Timer (default False) and Alert Timer (default 15). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Profit Filter Trading Strategy
Forex Profit Filter Trading Strategy is an indicator for MetaTrader 4 based on MACD, RSI, Moving Average and Bollinger Bands. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 40 settings, such as Use filter, Use timer and Alert timer. MQL source code included.
Files in the download: installation manual.txt, Mosca_Arrows_Alerts_Labels_nrp_Timer_Filter.ex4, Mosca_Arrows_Alerts_Labels_nrp_Timer_Filter.mq4, Profit Indicator.ex4, Profit Indicator.mq4, RenkoMaker_Confirm.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Use filter | False | |
| Use timer | False | |
| Alert timer | 15 | Turn this alert on or off |
| After start or before end | 0 | |
| Note if0 | 0=Signals are given only X seconds after | |
| Note if1 | 1=Signals are given only X seconds befor | |
| Gann lookback | 10 | |
| Ma period | 3 | Period or timeframe used by the calculation |
| Ma method | 1 | |
| Ma price | PRICE_CLOSE | |
| Macd fast | 5 | |
| Macd slow | 13 | |
| Macd price | PRICE_CLOSE | |
| Macdob level | 0 | |
| Macdos level | 0 | |
| Rsi period | 10 | Period or timeframe used by the calculation |
| Rsi price | PRICE_TYPICAL | |
| Rsiob level | 50 | |
| Rsios level | 50 | |
| Bb period | 10 | Period or timeframe used by the calculation |
| Bb dev | 2.0 | |
| Bb ma method | 0 | |
| Bb price | PRICE_CLOSE | |
| Arrows displacement | 0.8 | |
| Arrows up color | Lime | Colour on the chart |
| Arrows dn color | Red | Colour on the chart |
| Arrows up code | 233 | |
| Arrows dn code | 234 | |
| Arrows width | 2 | |
| Alerts on | True | Turn this alert on or off |
| Alerts on current | True | 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 |
| Alerts push | False | Turn this alert on or off |
| Show labels | False | |
| Label color | Yellow | Colour on the chart |
| Label font width | 14 | |
| Label corner | 1 | |
| Label y distance | 0 | Distance between orders |
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 · MACD · RSI · Moving Average · Bollinger Bands · MT4 Indicator · MQL4 Source Code