Forex Trendline Kill Trading Strategy
Forex Trendline Kill Trading Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around automatic trendlines. It draws arrows on the chart and can send alerts. It has 13 settings, for example Alerts On (default FALSE), Comments (default FALSE) and Trend Line (default TRUE). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Trendline Kill Trading Strategy
Forex Trendline Kill Trading Strategy is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 13 settings, such as Alerts on, Comments and Trend line. MQL source code included.
Files in the download: installation manual.txt, kill A-T-L.mq4, trendline kill trading system.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Alerts on | FALSE | Turn this alert on or off |
| Comments | FALSE | Comment written on the orders |
| Trend line | TRUE | |
| Trend line style | 0 | |
| Trend line width | 3 | |
| Upper trend line colour | LimeGreen | Colour on the chart |
| Lower trend line colour | Red | Colour on the chart |
| Projection lines | TRUE | |
| Projection lines style | 2 | |
| Projection lines width | 3 | |
| Upper projection line colour | LimeGreen | Colour on the chart |
| Lower projection line colour | Red | Colour on the chart |
| Horizont line | 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 · Alerts · MT4 Indicator · MQL4 Source Code