Forex Turtle Channel Method Indicator
Forex Turtle Channel Method Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to price channels. It has 6 settings, for example Lng Period (default 50), Med Period (default 20) and Sht Period (default 10). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Turtle Channel Method Indicator
Forex Turtle Channel Method Indicator is an indicator for MetaTrader 4. It has 6 settings, such as Lng period, Med period and Sht period. MQL source code included.
Files in the download: installation manual.txt, turtlechanneli.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Lng period | 50 | Period or timeframe used by the calculation |
| Med period | 20 | Period or timeframe used by the calculation |
| Sht period | 10 | Period or timeframe used by the calculation |
| Extremes | 1 | |
| Margins | 0 | |
| Advance | 0 |
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: Channels & Envelopes · MT4 Indicator · MQL4 Source Code