FPW Oma Channel Trading System
FPW Oma Channel Trading System — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to price channels. Its source code uses moving averages and Bollinger Bands. It can send alerts. It has 4 settings, for example Number Of Bars1 (default 11), Number Of Bars2 (default 5) and Show Alert (default true). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 6 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 Oma Channel Trading System
FPW Oma Channel Trading System is an indicator for MetaTrader 4 based on Moving Average and Bollinger Bands. It can alert you with a pop-up, sound, email or push message. It has 4 settings, such as Number of bars1, Number of bars2 and Show alert. MQL source code included.
Files in the download: FPW-Oma Channel Trading System\## Recommended Broker ##.txt, FPW-Oma Channel Trading System\Forex-Oma-Channel-Trading-System.png, FPW-Oma Channel Trading System\ForexProfitWay.Com.txt, FPW-Oma Channel Trading System\Forex-Oma-Channel-Trading-System\Forex Oma Channe, FPW-Oma Channel Trading System\Forex-Oma-Channel-Trading-System\Forex Oma Channe, FPW-Oma Channel Trading System\Forex-Oma-Channel-Trading-System\Forex Oma Channe, FPW-Oma Channel Trading System\Forex-Oma-Channel-Trading-System\Forex Oma Channe, FPW-Oma Channel Trading System\Forex-Oma-Channel-Trading-System\Forex Oma Channe ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Number of bars1 | 11 | |
| Number of bars2 | 5 | |
| Show alert | true | Turn this alert on or off |
| Alert count | 100 | 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 · Alerts · Moving Average · Bollinger Bands · MT4 Indicator · MQL4 Source Code