Forex Velocity V2 Indicator
From the Old Kings archive: Forex Velocity V2 Indicator, an indicator for MetaTrader 4. The file name marks it as version 2. It has 3 settings, for example Velocity Period (default 8), Slow (default 5) and MA Mode (default 1). Load it on a demo chart and check whether its signals repaint before trusting them. 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 · v2 · Free
About Forex Velocity V2 Indicator
Forex Velocity V2 Indicator is an indicator for MetaTrader 4. It has 3 settings, such as Velocity period, Slow and Ma mode. MQL source code included.
Files in the download: installation manual.txt, Velocity_v2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Velocity period | 8 | Period or timeframe used by the calculation |
| Slow | 5 | |
| Ma mode | 1 |
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: MT4 Indicator · MQL4 Source Code