Forex Trend Veldon Trading System
Forex Trend Veldon Trading System is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is following the trend. Its source code uses moving averages and a trend filter. It draws arrows on the chart and can read another timeframe. It has 6 settings, for example Time Frame (default 0), Period WATR (default 10) and Kwatr (default 1.0000). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 19 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 Veldon Trading System
Forex Trend Veldon Trading System is an indicator for MetaTrader 4 based on Moving Average and Trend. It draws buy and sell arrows on the chart and can show data from another timeframe (MTF). It has 6 settings, such as Time frame, Period watr and Kwatr. MQL source code included.
Files in the download: #MTF_BrainTrend1Sig.ex4, #MTF_BrainTrend1Sig.mq4, #MTF_BrainTrend2Sig.ex4, #MTF_BrainTrend2Sig.mq4, B-Gen Trend.ex4, dzani9_Elliotwave_confirmation.ex4, dzani9_MajorTrendSignal.ex4, dzani9_MajorTrendSignal.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 0 | Period or timeframe used by the calculation |
| Period watr | 10 | Number of bars in the calculation |
| Kwatr | 1.0000 | |
| High low | 0 | |
| Calculated bars | 500 | |
| Alert on | true | ON=true, OFF=false |
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: Trend · Buy/Sell Arrows · Multi-Timeframe (MTF) · Moving Average · MT4 Indicator · MQL4 Source Code