Forex Profit Meter Trading System
This Old Kings indicator for MetaTrader 4 is called Forex Profit Meter Trading System. Judging by its name, it is built around currency strength across pairs. In the code it works with RSI, moving averages, Bollinger Bands and CCI. It draws arrows on the chart and can send alerts. It has 26 settings, for example Length (default 8), Deviation (default 1) and Money Risk (default 1.00). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 9 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 Meter Trading System
Forex Profit Meter Trading System is an indicator for MetaTrader 4 based on RSI, Moving Average, Bollinger Bands and CCI. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 26 settings, such as Length, Deviation and Money risk. MQL source code included.
Files in the download: BBand Stop Alert.mq4, BBand Stop Alert.mq4, FerruFx_Multi_info THV.ex4, Forex Profit System.tpl, GP_Clock.ex4, Mint signal2.mq4, SEFC05.ex4, SEFC084.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Length | 8 | Bollinger Bands Period |
| Deviation | 1 | Deviation was 2 |
| Money risk | 1.00 | Offset Factor |
| Signal | 1 | Display signals mode: 1-Signals & Stops; 0-only Stops; 2-only Signals; |
| Line | 1 | Display line mode: 0-no,1-yes |
| Nbars | 1000 | |
| Sound on | true | Turn this alert on or off |
| EMA | 5 | |
| EMA2 | 8 | |
| Rs iv | 13 | |
| Cc iv | 50 | |
| Win | 0 | |
| My font size | 14 | |
| Note time ny | 14:00 server time = 05:00 mst | |
| Note time au | 23:00 server time = 14:00 mst | |
| Note time ld | 09:00 server time = 00:00 mst | |
| My hhmm | 13:00 | 05:00 am pst = 14:00 server time |
| My message | NY | |
| Buy message | BUY SIGNAL | |
| Wait message | WAIT FOR SIGNAL | |
| Sell message | SELL SIGNAL | |
| Rdy message | READY TO ENTER | |
| Buy color | Lime | Colour on the chart |
| Wait color | Yellow | Colour on the chart |
| Sell color | Red | Colour on the chart |
| Rdy color | Aqua | 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: Buy/Sell Arrows · Alerts · RSI · Moving Average · Bollinger Bands · CCI · MT4 Indicator · MQL4 Source Code