FPW Forex Alpha Trader Trading Strategy
FPW Forex Alpha Trader Trading Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses RSI, moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Time Frame (default 0), Lookback (default 10) and note1 (default Change font colors autom). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 9 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 FPW Forex Alpha Trader Trading Strategy
FPW Forex Alpha Trader Trading Strategy is an indicator for MetaTrader 4 based on RSI, 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 40 settings, such as Time frame, Lookback and Note1. MQL source code included.
Files in the download: FPW-Forex-Alpha Trader Trading Strategy\Alpha Trader Trading Strategy.png, FPW-Forex-Alpha Trader Trading Strategy\ForexProfitWay.Com.txt, FPW-Forex-Alpha Trader Trading Strategy\installation manual.txt, FPW-Forex-Alpha Trader Trading Strategy\Forex-Alpha-Trader-Trading-Strategy\Fore, FPW-Forex-Alpha Trader Trading Strategy\Forex-Alpha-Trader-Trading-Strategy\Fore, FPW-Forex-Alpha Trader Trading Strategy\Forex-Alpha-Trader-Trading-Strategy\Fore, FPW-Forex-Alpha Trader Trading Strategy\Forex-Alpha-Trader-Trading-Strategy\Fore, FPW-Forex-Alpha Trader Trading Strategy\Forex-Alpha-Trader-Trading-Strategy\Fore ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 0 | Period or timeframe used by the calculation |
| Lookback | 10 | |
| Note1 | Change font colors automatically? True = | |
| Bid ask colors | False | Colour on the chart |
| Note2 | Default Font Color | |
| Font color | Black | Colour on the chart |
| Note3 | Font Size | |
| Font size | 26 | |
| Note4 | Font Type | |
| Font type | Arial Bold | |
| Note5 | Display the price in what corner? | |
| What corner | 3 | |
| Last digit diff | 10 | |
| Email alert | true | Turn this alert on or off |
| Sound alert | true | Turn this alert on or off |
| Popup alert | true | Turn this alert on or off |
| Show on comment | true | Comment written on the orders |
| Sound repeat | true | Turn this alert on or off |
| Popup repeat | false | |
| Sound filename | alert.wav | Turn this alert on or off |
| Alertevery | 5 | Turn this alert on or off |
| Maxrepeat | 5 | |
| Signal bar | 0 | |
| Alert bar | 1 | Turn this alert on or off |
| Entry from hl | 5 | |
| Sl from hl | 5 | |
| Tp from sl | 1 | |
| Maxbars | 900 | |
| Gannhilo enabled | true | |
| Gannhilo name | ###Gann_HiLo_Activator_v2### | |
| Gannhilo lookback | 5 | |
| Ma period | 5 | Period or timeframe used by the calculation |
| Ma mode | MODE_EMA | |
| Gannhilo mtf1 enabled | true | |
| Gannhilo mtf1 timeframe | PERIOD_D1 | Period or timeframe used by the calculation |
| Gannhilo mtf1 lookback | 5 | |
| Gannhilo mtf2 enabled | true | |
| Gannhilo mtf2 timeframe | PERIOD_D1 | Period or timeframe used by the calculation |
| Gannhilo mtf2 lookback | 5 | |
| Rsi1 enabled | true |
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: Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · RSI · Moving Average · ATR · MT4 Indicator · MQL4 Source Code