Forex QQE Filter MTF Trading System
This Old Kings indicator for MetaTrader 4 is called Forex QQE Filter MTF Trading System. As the name suggests, the idea behind it is several timeframes at once. In the code it works with RSI. It draws arrows on the chart, can send alerts and can read another timeframe. It has 24 settings, for example RSIPeriod (default 7), Price Type (default 1) and time Frame (default Current time frame). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 7 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 QQE Filter MTF Trading System
Forex QQE Filter MTF Trading System is an indicator for MetaTrader 4 based on RSI. 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 24 settings, such as Rsi period, Price type and Time frame. MQL source code included.
Files in the download: #Signal_Bars_v9 .ex4, Color RSI with allert.ex4, Color RSI with allert.mq4, installation manual.txt, QQE.tpl, QQEA.mq4, QQE_Alert_MTF_v5.ex4, SDX-TzPivots.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Rsi period | 7 | Period or timeframe used by the calculation |
| Price type | 1 | |
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Over bought | 50 | |
| Over sold | 50 | |
| Show arrows | false | |
| Alerts on | 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 |
| SF | 5 | original 5 |
| Rsi period | 14 | original 14 |
| Darfactor | 4.236 | original 4.236 |
| Ma period | 14 | Period or timeframe used by the calculation |
| B | 0.7 | |
| Note1 | -------------- | |
| Alert | true | Turn this alert on or off |
| Note2 | -------------- | |
| Text size | 14 | |
| Text color1 | White | Colour on the chart |
| Text color2 | Yellow | Colour on the chart |
| Text color3 | Aqua | Colour on the chart |
| Text color4 | Red | Colour on the chart |
| Text color5 | Chartreuse | 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: Multi-Timeframe (MTF) · Buy/Sell Arrows · Alerts · RSI · MT4 Indicator · MQL4 Source Code