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Forex Tunnel Dynamic Index Swing Trading Strategy

Forex Tunnel Dynamic Index Swing Trading Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 37 settings, for example Time Frame (default Current time frame), SSAPrice (default PRICE_CLOSE) and SSALag (default 20). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 14 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 Tunnel Dynamic Index Swing Trading Strategy

Forex Tunnel Dynamic Index Swing Trading Strategy is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 37 settings, such as Time frame, Ssa price and Ssa lag. MQL source code included.

Files in the download: #Signal_Price-v1.ex4, Ass Force Oscilator.ex4, ASS_ahp2012_F.ex4, ASS_ahp2012_F.mq4, Awesome.ex4, Awesome.mq4, otako.ex4, otako.mq4 ….

Settings

SettingDefaultWhat it does
Time frameCurrent time framePeriod or timeframe used by the calculation
Ssa pricePRICE_CLOSE
Ssa lag20
Ssa number of computations2
Ssa period normalization10Number of bars in the calculation
Ssa number of bars500
Interpolatetrue
Alerts onfalseTurn this alert on or off
Alerts messagefalseTurn this alert on or off
Alerts soundfalseTurn this alert on or off
Alerts emailfalseTurn this alert on or off
Tenkan9
Kijun26
Senkou52
Font colorRedColour on the chart
Font size14
Font faceArial
Corner00 - for top-left corner, 1 - top-right, 2 - bottom-left, 3 - bottom-right
Spread distance x10Maximum spread allowed to trade
Spread distance y130Maximum spread allowed to trade
NormalizefalseIf true then the spread is normalized to traditional pips
Alert if spread above0If > 0 alert will sound when sprea above the value
First bar300
Rsi period25Period or timeframe used by the calculation
Rsi price0
Volatility band34
Rsi price line2
Rsi price type0
Alerts on currenttrueTurn this alert on or off
Soundfilealert2.wavTurn this alert on or off
__arrows settings
Show arrowstrue
Arrows identifiertdiarrows
Arrow up colorAquaColour on the chart
Arrow down colorRedColour on the chart
Arrow up width1
Arrow down width1

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: Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria