Forex Trend Magic Alert Trading System
This Old Kings indicator for MetaTrader 4 is called Forex Trend Magic Alert Trading System. As the name suggests, the idea behind it is following the trend and alerts. In the code it works with moving averages. It draws arrows on the chart. It has 5 settings, for example Fast Len (default 12), Slow Len (default 26) and Length (default 10). 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 Trend Magic Alert Trading System
Forex Trend Magic Alert Trading System is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart. It has 5 settings, such as Fast len, Slow len and Length. MQL source code included.
Files in the download: BBMACDv1.01.ex4, BBMACDv1.01.mq4, SD_alarm.ex4, SD_Candle.ex4, Trend Magic.ex4, trendtrading.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast len | 12 | |
| Slow len | 26 | |
| Length | 10 | |
| Bars count | 400 | |
| St dv | 2.5 |
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 · Trend · Buy/Sell Arrows · Moving Average · MT4 Indicator · MQL4 Source Code