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Kor Harmonics System 2

From the Old Kings archive: Kor Harmonics System 2, an indicator for MetaTrader 4. In the code it works with moving averages and ATR. It has 7 settings, for example Periods (default 17), Price (default PRICE_CLOSE) and Up Quantile Percent (default 90). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 3 indicator files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 Kor Harmonics System 2

Kor Harmonics System 2 is an indicator for MetaTrader 4 based on Moving Average and ATR. It has 7 settings, such as Periods, Price and Up quantile percent. MQL source code included.

Files in the download: KorHarmonics System\FREE TRADING SYSTEMS AND INDICATORS.url, KorHarmonics System\KorHarmonics-v6.7.13.ex4, KorHarmonics System\korHarmonics_info_v005T_en.pdf, KorHarmonics System\Korharmony-OpenSource-V1.0.ex4, KorHarmonics System\Quantile based signed volume analysis 1.mq4.

Settings

SettingDefaultWhat it does
Periods17Number of bars in the calculation
PricePRICE_CLOSE
Up quantile percent90
Down quantile percent10
Atr upper percent75
Atr lower percent25
Limit to zeroestrue

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Harmonic Patterns · Moving Average · ATR · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria