Forex RMO Ichimoku Trading Strategy
From the Old Kings archive: Forex RMO Ichimoku Trading Strategy, an indicator for MetaTrader 4. Judging by its name, it is built around the Ichimoku Kinko Hyo cloud. In the code it works with moving averages, ATR and Ichimoku. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Tenkan Sen (default 9), Kijun Sen (default 26) and Senko Span (default 52). 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 RMO Ichimoku Trading Strategy
Forex RMO Ichimoku Trading Strategy is an indicator for MetaTrader 4 based on Moving Average, ATR and Ichimoku. 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 40 settings, such as Tenkan sen, Kijun sen and Senko span. MQL source code included.
Files in the download: ichi360_monitor_v3_mod.mq4, Ichimoku.ex4, Ichimoku.mq4, IchimokuAlert_v3.ex4, installation manual.txt, RenkoLiveChart_v600.6_indi.mq4, rmo with ichimoku.tpl, rmosignals_color_alerts__arrows_mtf.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Tenkan sen | 9 | |
| Kijun sen | 26 | |
| Senko span | 52 | |
| Text off set from right | 10 | |
| Text off set from top | 10 | 100; |
| Text color | White | Colour on the chart |
| Bullish text color | Blue | Colour on the chart |
| Bearish text color | Red | Colour on the chart |
| Flat text color | Gold | Colour on the chart |
| Price text color | SeaGreen | Colour on the chart |
| Dch | *** 1:upper right, 2:bottom left, 3:bott | |
| Display corner | 1 | 1:upper right, 2:bottom left, 3:bottom right, 4:upper left |
| Tenkan | 9 | Tenkan-sen |
| Kijun | 26 | Kijun-sen |
| Senkou | 52 | Senkou Span B |
| Renko box size | 3.0 | |
| Renko box offset | 0 | |
| Renko time frame | 7 | Offline Timeframe |
| Show wicks | false | |
| Emulate on line chart | true | |
| Strange symbol name | false | |
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Ma length | 2 | |
| Depth | 10 | |
| Signals smooth | 30 | |
| Smooth | 81 | |
| Price | PRICE_CLOSE | |
| Alerts on | true | Turn this alert on or off |
| Alerts on zero cross | true | Turn this alert on or off |
| Alerts on signal cross | true | Turn this alert on or off |
| Alerts on current | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts push notification | 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 |
| Show arrows | true | |
| Arrows on zero cross | true | |
| Arrows on signal cross | true | |
| Arrows identifier | rmo arrows1 | |
| Arrows upper gap | 0.5 |
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: Ichimoku · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code