Forex Volty Channel Strategy
Forex Volty Channel Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to price channels. Its source code uses MACD, RSI and moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example period (default 23), alarm (default true) and Time Frame (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 24 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 Volty Channel Strategy
Forex Volty Channel Strategy is an indicator for MetaTrader 4 based on MACD, RSI and Moving Average. 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 40 settings, such as Period, Alarm and Time frame. MQL source code included.
Files in the download: Forex Volty Channel Strategy\FREE TRADING SYSTEMS AND INDICATORS.url, Forex Volty Channel Strategy\Volty Channel\Indicators\#WSS943!INDICATOR-6.ex4, Forex Volty Channel Strategy\Volty Channel\Indicators\#WSS943!INDICATOR-6.mq4, Forex Volty Channel Strategy\Volty Channel\Indicators\Forex Trend fxfariz.mq4, Forex Volty Channel Strategy\Volty Channel\Indicators\MACD_CCIobos_mtf.ex4, Forex Volty Channel Strategy\Volty Channel\Indicators\MACD_CCIobos_mtf.mq4, Forex Volty Channel Strategy\Volty Channel\Indicators\MACD_CCI_mtf.ex4, Forex Volty Channel Strategy\Volty Channel\Indicators\MACD_CCI_mtf.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Period | 23 | Period or timeframe used by the calculation |
| Alarm | true | |
| Time frame | 0 | Period or timeframe used by the calculation |
| Macd m afast | 144 | 12 |
| Macd m aslow | 233 | 26; |
| Macd sig ma | 21 | 9 |
| Macd price | 0 | |
| Macd ln mode | 0 | |
| Cc iperiod | 50 | Period or timeframe used by the calculation |
| Cc iprice | 5 | |
| Cci o blevel | 100 | |
| Cci o slevel | -100 | |
| Bar levl | 5 | |
| Trix period | 13 | Period or timeframe used by the calculation |
| Signal period | 8 | Period or timeframe used by the calculation |
| Signals | true | |
| Count bars | 1500 | |
| Ignore sunday | true | |
| Pivots | true | |
| Camarilla | false | |
| Midpivots | true | |
| All bars | 240 | |
| Bars for fract | 0 | |
| T line width | 1 | |
| A width | 2 | |
| X width | 3 | |
| Lb | 15 | 10 |
| Ssl ma method | 1 | 0 |
| Ssl bar level | 15 | BarLevel 10-90 |
| Alerts on | true | Turn this alert on or off |
| Alerts message box | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts sound file | alert2.wav | enterSoundFile |
| Alerts email | false | Turn this alert on or off |
| Alerts after bar close | false | Turn this alert on or off |
| Ma method | SMA0 EMA1 SMMA2 LWMA3 | |
| Dist2 | 21 | |
| Dist1 | 14 | |
| Alerts on current | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
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 · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · MACD · RSI · Moving Average · MT4 Indicator · MQL4 Source Code