FX King System
FX King System — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses RSI and moving averages. It has 40 settings, for example Renko Box Size1 (default 10.0), Box Shift Percent1 (default 45) and Renko Time Frame1 (default 10). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 21 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 FX King System
FX King System is an indicator for MetaTrader 4 based on RSI and Moving Average. It has 40 settings, such as Renko box size1, Box shift percent1 and Renko time frame1. MQL source code included.
Files in the download: FX King System\DoubleMeanRenkoBuilder.ex4, FX King System\DoubleMeanRenkoBuilder.mq4, FX King System\FX King System.tpl, FX King System\red this.txt, FX King System\RenkoLiveChart_v600.6_indi.ex4, FX King System\RenkoLiveChart_v600.6_indi.mq4, FX King System\indicators\! AOF - MACDCANDLE.ex4, FX King System\indicators\!X-UK.SIGNAL.LINE.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Renko box size1 | 10.0 | |
| Box shift percent1 | 45 | Bar shift (0 = current bar) |
| Renko time frame1 | 10 | What time frame to use for the offline renko chart |
| Renko box offset1 | 0 | |
| Show wicks1 | true | |
| Max bars1 | 10000 | |
| Use2nd renko chart | false | |
| Renko box size2 | 8.0 | |
| Box shift percent2 | 50 | Bar shift (0 = current bar) |
| Renko time frame2 | 8 | What time frame to use for the offline renko chart |
| Renko box offset2 | 0 | |
| Show wicks2 | true | |
| Max bars2 | 10000 | |
| Emulate on line chart | true | |
| Renko box size | 3.0 | |
| Renko box offset | 0 | |
| Renko time frame | 7 | Offline Timeframe |
| Show wicks | false | |
| Strange symbol name | false | |
| Use sunday data | True | |
| Daily | True | |
| Daily sr levels | False | |
| Daily mid levels | False | |
| Weekly | True | |
| Weekly sr levels | False | |
| Weekly mid levels | False | |
| Monthly | True | |
| Monthly sr levels | False | |
| Monthly mid levels | False | |
| Daily pivot | Magenta | |
| Daily s levels | LimeGreen | |
| Daily r levels | Red | |
| Daily mid level | LightSalmon | |
| Weekly pivot | Aqua | |
| Weekly s levels | SteelBlue | |
| Weekly r levels | Peru | |
| Weekly mid level | LightPink | |
| Monthly pivot | Gray | |
| Monthly s levels | Orange | |
| Monthly r levels | Blue |
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: RSI · Moving Average · MT4 Indicator · MQL4 Source Code