Forex Rubber Band Swing Trading Strategy
Forex Rubber Band Swing Trading Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. It has 4 settings, for example Periods (default 13), Plot Momentum (default true) and Plot Momentum Lows (default true). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 1 indicator file 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 Rubber Band Swing Trading Strategy
Forex Rubber Band Swing Trading Strategy is an indicator for MetaTrader 4. It has 4 settings, such as Periods, Plot momentum and Plot momentum lows. MQL source code included.
Files in the download: installation manual.txt, RubberBand.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Periods | 13 | Number of bars in the calculation |
| Plot momentum | true | |
| Plot momentum lows | true | |
| Plot momentum highs | 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: MT4 Indicator · MQL4 Source Code