Forex Trading System New1
From the Old Kings archive: Forex Trading System New1, an indicator for MetaTrader 4. In the code it works with moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Use Sunday Data (default False), Daily (default True) and Daily SR Levels (default True). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 17 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 Trading System New1
Forex Trading System New1 is an indicator for MetaTrader 4 based on Moving Average and ATR. 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 Use sunday data, Daily and Daily sr levels. MQL source code included.
Files in the download: ###Auto Pivot2.ex4, ###Auto Pivot2.mq4, AllHullMA_v3.1 600+.ex4, AllHullMA_v3.1 600+.mq4, ATRTrailStopV3 alerts.ex4, ATRTrailStopV3 alerts.mq4, CandlePipsv1.2.ex4, MADistance.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Use sunday data | False | |
| Daily | True | |
| Daily sr levels | True | |
| Weekly | true | |
| Weekly sr levels | false | |
| Monthly | true | |
| Monthly sr levels | false | |
| Time frame | 0 | Period or timeframe used by the calculation |
| Price | 0 | |
| Length | 14 | |
| Damping factor | 1 | DampingFactor: 0...1(ex.0.7) |
| Shift | 0 | Bar shift (0 = current bar) |
| Ma method | 3 | |
| Color mode | 1 | Colour on the chart |
| Alerts | --- Alerts & E-Mails --- | Turn this alert on or off |
| Alert mode | 0 | Turn this alert on or off |
| Alert shift | 1 | Alert Shift:0-current bar,1-previous bar |
| Sounds number | 5 | Number of sounds after Signal |
| Sounds pause | 5 | Pause in sec between sounds |
| Up sound | alert.wav | Turn this alert on or off |
| Dn sound | alert2.wav | Turn this alert on or off |
| Email mode | 0 | 0-on,1-off |
| Emails number | 1 | 0-on,1-off |
| Price mode | ||
| 0 | Close | |
| 1 | Open | |
| 2 | High | |
| 3 | Low | |
| 4 | Median | |
| 5 | Typical | |
| 6 | Weighted Close | |
| 7 | Heiken Ashi Close | |
| 8 | Heiken Ashi Open | |
| 9 | Heiken Ashi High | |
| 10 | Heiken Ashi Low | |
| Ma mode | ||
| 0 | SMA | |
| 1 | EMA | |
| 2 | Wilder | |
| 3 | LWMA |
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 · Multi-Timeframe (MTF) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code