Forex QQF MACD Binary Options Strategy
This Old Kings indicator for MetaTrader 4 is called Forex QQF MACD Binary Options Strategy. Judging by its name, it is built around MACD (moving average convergence / divergence). In the code it works with MACD, RSI, the Stochastic oscillator and moving averages. It draws arrows on the chart and can send alerts. It has 28 settings, for example ADXbars (default 3), Count Bars (default 350) and Use Sound (default True). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 QQF MACD Binary Options Strategy
Forex QQF MACD Binary Options Strategy is an indicator for MetaTrader 4 based on MACD, RSI, Stochastic and Moving Average. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 28 settings, such as Ad xbars, Count bars and Use sound. MQL source code included.
Files in the download: ADX Crossing v.2.0.mq4, b-clock modified.ex4, bbsqueeze.mq4, installation manual.txt, Mouteki-Demark_trend_new.mq4, QFF-MACDv1.ex4, QQF MACD Trading.tpl, Squeeze_Break.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Ad xbars | 3 | |
| Count bars | 350 | |
| Use sound | True | Turn this alert on or off |
| Sound file | alert.wav | Turn this alert on or off |
| Bol prd | 20 | |
| Bol dev | 2.0 | |
| Kelt prd | 20 | |
| Kelt factor | 1.5 | |
| Mom prd | 12 | |
| Show bars | 200 | if showBars= 0 so the indicator will be shown for all the chart |
| Lev dp | 2 | Demar Pint Levels; 2 = central bar will be higher (lower) then 2 bars on the left side and 2 bars on |
| Q steps | 1 | number of steps/ no more than 3 |
| Back step | 0 | number of staps back |
| Start bar | 0 | ifstartBar=0 so we have recommendation for the current bar, if 1 - for possible next bar |
| Trend line | true | false = no trend lines |
| Horizont line | true | true = break levels |
| Channel line | false | true = channels which is parallel with trend lines |
| Take lines | true | true = take profit lines |
| Comments | true | true = comments |
| Trend | 0 | 1 = for UpTrendLines only, -1 = for DownTrendLines only, 0 = for all TrendLines |
| Boll period | 20 | Period or timeframe used by the calculation |
| Boll dev | 2.0 | |
| Keltner period | 20 | Period or timeframe used by the calculation |
| Keltner mul | 1.5 | |
| Momentum period | 12 | Period or timeframe used by the calculation |
| Back bars | 1000 | |
| Alert on | true | Turn this alert on or off |
| On screen info | true |
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: MACD · Binary Options · Buy/Sell Arrows · Alerts · RSI · Stochastic · Moving Average · MT4 Indicator · MQL4 Source Code