Forex Trail CD Bars Trading Indicator
Forex Trail CD Bars Trading Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around trailing stops. It has 3 settings, for example Trail Fast (default 25), Trail Slow (default 65) and Count Bars (default 1000). 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 Trail CD Bars Trading Indicator
Forex Trail CD Bars Trading Indicator is an indicator for MetaTrader 4. It has 3 settings, such as Trail fast, Trail slow and Count bars. MQL source code included.
Files in the download: installation manual.txt, TrailCD.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Trail fast | 25 | Trailing stop distance or switch |
| Trail slow | 65 | Trailing stop distance or switch |
| Count bars | 1000 |
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