Forex Swing Point High Low Indicator
Forex Swing Point High Low Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to the daily high / low range. Its source code uses moving averages. It draws arrows on the chart. It has 10 settings, for example Major Swing Color (default clrPurple), Major Swing Size (default 3) and Periods In Major Swing (default 13). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Swing Point High Low Indicator
Forex Swing Point High Low Indicator is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart. It has 10 settings, such as Major swing color, Major swing size and Periods in major swing. MQL source code included.
Files in the download: installation manual.txt, lastmanstandingindicatorv11.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Major swing color | clrPurple | Colour on the chart |
| Major swing size | 3 | |
| Periods in major swing | 13 | Number of bars in the calculation |
| Minor swing color | clrCornflowerBlue | Colour on the chart |
| Minor swing size | 1 | |
| Periods in minor swing | 5 | Number of bars in the calculation |
| Moving averag method | MODE_EMA | |
| Moving average periods | 55 | Number of bars in the calculation |
| Moving averge color | clrDarkGoldenrod | Colour on the chart |
| Fifty percent line color | clrAliceBlue | Colour on the chart |
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 · Moving Average · MT4 Indicator · MQL4 Source Code