Forex Stretch Volatility Trading Strategy
Forex Stretch Volatility Trading Strategy is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is market volatility. It draws arrows on the chart and can send alerts. It has 5 settings, for example Period WATR (default 7), Kwatr (default 0.7) and High Low (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 5 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 Stretch Volatility Trading Strategy
Forex Stretch Volatility Trading Strategy is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 5 settings, such as Period watr, Kwatr and High low. MQL source code included.
Files in the download: a volatility trading method.tpl, Damiani_volatmeter v3.2.ex4, goldminer2.ex4, installation manual.txt, Nina_StepMA_1_Custom3.mq4, Pivots_Daily.ex4, Stretch.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Period watr | 7 | Number of bars in the calculation |
| Kwatr | 0.7 | |
| High low | 0 | |
| Calculated bars | 500 | |
| Alert on | true | ON=true, OFF=false |
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: Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code