Forex Reversal Combo Alert Trading Strategy
From the Old Kings archive: Forex Reversal Combo Alert Trading Strategy, an indicator for MetaTrader 4. Judging by its name, it is built around reversals against the current move and alerts. In the code it works with divergence checks, RSI, moving averages and CCI. It draws arrows on the chart and can send alerts. It has 40 settings, for example Number Of Bars (default 500), Note (default 0 means Display all bars) and MAPeriod (default 100). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 24 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 Reversal Combo Alert Trading Strategy
Forex Reversal Combo Alert Trading Strategy is an indicator for MetaTrader 4 based on Divergence, RSI, Moving Average 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 40 settings, such as Number of bars, Note and Ma period. MQL source code included.
Files in the download: 1super-signals-channel.ex4, AGTS_STATS.ex4, BetterVolume 1.4.ex4, BetterVolume 1.4.mq4, CandleCountdown.ex4, CandleCountdown.mq4, CCI.ex4, CCI.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Number of bars | 500 | |
| Note | 0 means Display all bars | |
| Ma period | 100 | Period or timeframe used by the calculation |
| Look back | 20 | |
| Right shift from bar | 4 | Bar shift (0 = current bar) |
| Cci period | 14 | CCI Period |
| No repaint | FALSE | |
| Minor min extreme height at rs | 2.0 | |
| Major to minor height ratio | 2.5 | |
| Minor min extreme width | 2 | |
| Major min extreme width | 2 | |
| Alert major bottom enabled | FALSE | Turn this alert on or off |
| Alert major top enabled | FALSE | Turn this alert on or off |
| Alert minor top enabled | FALSE | Turn this alert on or off |
| Alert minor bottom enabled | FALSE | Turn this alert on or off |
| Alert stable enabled | FALSE | Turn this alert on or off |
| Price action filter | 1 | |
| Length | 3 | |
| Major cycle strength | 4 | |
| Use cycle filter | false | |
| Use filter sm aor rsi | 1 | |
| Filter strength sma | 12 | |
| Filter strength rsi | 21 | |
| Alerts on | true | Turn this alert on or off |
| Alerts on major cycle | true | Turn this alert on or off |
| Alerts on minor cycle | false | Turn this alert on or off |
| Alerts on current | false | 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 notify | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Arrows visible | true | |
| Arrows on major cycle | true | |
| Arrows major up cycle color | LimeGreen | Colour on the chart |
| Arrows major dn cycle color | Red | Colour on the chart |
| Arrows major up cycle code | 241 | |
| Arrows major dn cycle code | 242 | |
| Arrows major cycle size | 2 | |
| Arrows on minor cycle | true | |
| Arrows minor up cycle color | DeepSkyBlue | 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: Alerts · Buy/Sell Arrows · Divergence · RSI · Moving Average · CCI · MT4 Indicator · MQL4 Source Code