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Forex Trend Pullback Trading System

From the Old Kings archive: Forex Trend Pullback Trading System, an indicator for MetaTrader 4. Its name points to following the trend. In the code it works with RSI and ATR. It draws arrows on the chart and can send alerts. It has 12 settings, for example RSIPeriod (default 8), Period K (default 8) and Slow Period (default 3). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 7 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 Pullback Trading System

Forex Trend Pullback Trading System is an indicator for MetaTrader 4 based on RSI and ATR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 12 settings, such as Rsi period, Period k and Slow period. MQL source code included.

Files in the download: #MT4-StochasticRSI-Oscillator_wTrend_Alerts.mq4, Adaptive RSI.mq4, Grid Builder.mq4, HMA Color nrp.ex4, installation manual.txt, MA_adaptive_rsi nrp.ex4, New_Candle_Alarm.mq4, range whitebackround greenbars.tpl ….

Settings

SettingDefaultWhat it does
Rsi period8Period or timeframe used by the calculation
Period k8Number of bars in the calculation
Slow period3Period or timeframe used by the calculation
M0MA_Adaptive_RSI settings
Ma period20Period or timeframe used by the calculation
Ma shift0Bar shift (0 = current bar)
Ma method2
Ma price0
Arsi period14Period or timeframe used by the calculation
Arrow width2
Arsi period14Period or timeframe used by the calculation
Grid space50

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Trend · Buy/Sell Arrows · Alerts · RSI · ATR · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria