Forex Ribbon Filled Binary Options Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Ribbon Filled Binary Options Strategy. In the code it works with moving averages and ATR. It draws arrows on the chart and can read another timeframe. It has 22 settings, for example P (default 200), Step Back (default 0) and Fast EMA (default 12). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 11 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 Ribbon Filled Binary Options Strategy
Forex Ribbon Filled Binary Options Strategy is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart and can show data from another timeframe (MTF). It has 22 settings, such as P, Step back and Fast ema. MQL source code included.
Files in the download: installation manual.txt, MultiFilter Signal.ex4, Murrey_Math_AllTF.ex4, Murrey_Math_AllTF.mq4, oMACD.ex4, oMACD.mq4, QuickFib.ex4, QuickFib.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| P | 200 | |
| Step back | 0 | Distance between orders |
| Fast ema | 12 | |
| Slow ema | 26 | |
| Signal sma | 9 | |
| Color uptrend | DarkSlateGray | Colour on the chart |
| Color downtrend | Maroon | Colour on the chart |
| Color retracement remaining | Bisque | Colour on the chart |
| Color high price | Crimson | Colour on the chart |
| Color low price | Green | Colour on the chart |
| Draw retracement blocks | true | |
| Time frame | Current time frame | Period or timeframe used by the calculation |
| T3 period1 | 13 | Number of bars in the calculation |
| T3 hot1 | 0.7 | |
| T3 price1 | PRICE_CLOSE | |
| T3 original1 | true | |
| T3 period2 | 20 | Number of bars in the calculation |
| T3 hot2 | 0.6 | |
| T3 price2 | PRICE_CLOSE | |
| T3 original2 | true | |
| Interpolate | true | |
| Num bars | 500 |
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: Binary Options · Buy/Sell Arrows · Multi-Timeframe (MTF) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code