Forex Rads Reverse Trading System
From the Old Kings archive: Forex Rads Reverse Trading System, an indicator for MetaTrader 4. In the code it works with the Stochastic oscillator, moving averages and Heiken Ashi. It draws arrows on the chart. It has 40 settings, for example Ma Metod (default 2), Ma Period (default 6) and Ma Metod2 (default 3). 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 Rads Reverse Trading System
Forex Rads Reverse Trading System is an indicator for MetaTrader 4 based on Stochastic, Moving Average and Heiken Ashi. It draws buy and sell arrows on the chart. It has 40 settings, such as Ma metod, Ma period and Ma metod2. MQL source code included.
Files in the download: Heiken_Ashi_Smoothed.mq4, installation manual.txt, Rads HAS Ext.mq4, Rads HAS.mq4, Rads MM.mq4, Rads MTF HAS Bar A.mq4, Rads MTF HAS Bar B.mq4, Rads MTF HAS.tpl ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma metod | 2 | |
| Ma period | 6 | Period or timeframe used by the calculation |
| Ma metod2 | 3 | |
| Ma period2 | 2 | Number of bars in the calculation |
| Fast close period | 13 | Period or timeframe used by the calculation |
| Fast close shift | 0 | Bar shift (0 = current bar) |
| Fast open period | 34 | Period or timeframe used by the calculation |
| Fast open shift | 0 | Bar shift (0 = current bar) |
| Slow close period | 34 | Period or timeframe used by the calculation |
| Slow close shift | 0 | Bar shift (0 = current bar) |
| Slow open period | 62 | Period or timeframe used by the calculation |
| Slow open shift | 0 | Bar shift (0 = current bar) |
| P | 64 | |
| Mm period | 1440 | Period or timeframe used by the calculation |
| Step back | 0 | Distance between orders |
| Mml clr m 2 8 | Black | [-2]/8 |
| Mml clr m 1 8 | Green | [-1]/8 |
| Mml clr 0 8 | Green | [0]/8 |
| Mml clr 1 8 | Green | [1]/8 |
| Mml clr 2 8 | Green | [2]/8 |
| Mml clr 3 8 | Green | [3]/8 |
| Mml clr 4 8 | Navy | [4]/8 |
| Mml clr 5 8 | Red | [5]/8 |
| Mml clr 6 8 | Red | [6]/8 |
| Mml clr 7 8 | Red | [7]/8 |
| Mml clr 8 8 | Red | [8]/8 |
| Mml clr p 1 8 | Red | [+1]/8 |
| Mml clr p 2 8 | Black | [+2]/8 |
| Mml wdth m 2 8 | 1 | [-2]/8 |
| Mml wdth m 1 8 | 1 | [-1]/8 |
| Mml wdth 0 8 | 1 | [0]/8 |
| Mml wdth 1 8 | 1 | [1]/8 |
| Mml wdth 2 8 | 1 | [2]/8 |
| Mml wdth 3 8 | 1 | [3]/8 |
| Mml wdth 4 8 | 1 | [4]/8 |
| Mml wdth 5 8 | 1 | [5]/8 |
| Mml wdth 6 8 | 1 | [6]/8 |
| Mml wdth 7 8 | 1 | [7]/8 |
| Mml wdth 8 8 | 1 | [8]/8 |
| Mml wdth p 1 8 | 1 | [+1]/8 |
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 · Stochastic · Moving Average · Heiken Ashi · MT4 Indicator · MQL4 Source Code