Forex Snake Alert Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Snake Alert Strategy. As the name suggests, the idea behind it is alerts. In the code it works with MACD and moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 18 settings, for example period (default 10), Fast EMA (default 8) and Slow EMA (default 17). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 16 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 Snake Alert Strategy
Forex Snake Alert Strategy is an indicator for MetaTrader 4 based on MACD and Moving Average. 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 18 settings, such as Period, Fast ema and Slow ema. MQL source code included.
It also shows several symbols in one panel.
Files in the download: !XPS v8 CLOCK.ex4, !XPS v8 CLOCK.mq4, !XPS v8 PRICE.ex4, !XPS v8 PRICE.mq4, Fisher_Yur4ik.ex4, Fisher_Yur4ik.mq4, GMACD_Signals.ex4, GMACD_Signals.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Period | 10 | Period or timeframe used by the calculation |
| Fast ema | 8 | |
| Slow ema | 17 | |
| Signal sma | 9 | |
| Show major trend | true | |
| Snake half cycle | 5 | Snake_HalfCycle = 4...10 or other |
| C period | 24 | Period or timeframe used by the calculation |
| T3 period | 14 | Period or timeframe used by the calculation |
| T3 price | PRICE_CLOSE | |
| B | 0.618 | |
| Time frame | current time frame | Period or timeframe used by the calculation |
| Use sound | False | Turn this alert on or off |
| Type chart | False | |
| Use alert | true | Turn this alert on or off |
| Name file sound | alert.wav | Turn this alert on or off |
| Inverse | 0 | 0=T3 crossing Snake, 1=Snake crossing T3 |
| Delta for sell | 0 | |
| Delta for buy | 0 |
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 · Multi-Timeframe (MTF) · Dashboards & Scanners · MACD · Moving Average · MT4 Indicator · MQL4 Source Code