Forex Pros New
Forex Pros New is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages, Bollinger Bands and CCI. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Jaws Period (default 13), Jaws Shift (default 8) and Teeth Period (default 8). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 69 indicator files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 Pros New
Forex Pros New is an indicator for MetaTrader 4 based on Moving Average, Bollinger Bands and CCI. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as Jaws period, Jaws shift and Teeth period. MQL source code included.
Files in the download: forexprossystem user manual_nnnnn.pdf, FREE TRADING SYSTEMS AND INDICATORS.url, Accelerator.ex4, Accelerator.mq4, Accumulation.ex4, Accumulation.mq4, Alligator.ex4, Alligator.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Jaws period | 13 | Period or timeframe used by the calculation |
| Jaws shift | 8 | Bar shift (0 = current bar) |
| Teeth period | 8 | Period or timeframe used by the calculation |
| Teeth shift | 5 | Bar shift (0 = current bar) |
| Lips period | 5 | Period or timeframe used by the calculation |
| Lips shift | 3 | Bar shift (0 = current bar) |
| Atr period | 14 | Period or timeframe used by the calculation |
| Bands period | 20 | Period or timeframe used by the calculation |
| Bands shift | 0 | Bar shift (0 = current bar) |
| Bands deviations | 2.0 | |
| Bears period | 13 | Period or timeframe used by the calculation |
| Bulls period | 13 | Period or timeframe used by the calculation |
| Cci period | 14 | Period or timeframe used by the calculation |
| Price | 0 | |
| Length | 30 | |
| Displace | 0 | |
| Filter | 0 | |
| Color | 1 | Colour on the chart |
| Deviation | 0 | |
| Sound alert mode | 1 | Turn this alert on or off |
| Note1 | Change font colors automatically? True = | |
| Bid ask colors | True | Colour on the chart |
| Show bid | True | |
| Show ask | True | |
| Default color | Black | Colour on the chart |
| Bid up color | Lime | Colour on the chart |
| Bid dn color | Red | Colour on the chart |
| Ask up color | Lime | Colour on the chart |
| Ask dn color | Red | Colour on the chart |
| Note3 | Font Size | |
| Bid font size | 26 | |
| Ask font size | 23 | |
| Note4 | Font Type | |
| Bid font type | Arial | |
| Ask font type | Arial | |
| Note5 | Display the price in what corner? | |
| What corner | 3 | |
| Money risk | 1.0 | Risk per trade (percent of balance) |
| Signal | 2 | |
| Line | 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 · Alerts · Multi-Timeframe (MTF) · Moving Average · Bollinger Bands · CCI · MT4 Indicator · MQL4 Source Code