Profitable Trend Forex System 2
From the Old Kings archive: Profitable Trend Forex System 2, an indicator for MetaTrader 4. Its name points to following the trend. In the code it works with moving averages. It has 6 settings, for example period (default 21), method (default 3) and price (default 0). 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 Profitable Trend Forex System 2
Profitable Trend Forex System 2 is an indicator for MetaTrader 4 based on Moving Average. It has 6 settings, such as Period, Method and Price. MQL source code included.
Files in the download: ProfitableTrendForexSystem\GMMASlow.mq4, ProfitableTrendForexSystem\HMA.mq4, ProfitableTrendForexSystem\Profitable Trend Forex Advanced.pdf, ProfitableTrendForexSystem\Profitable Trend Forex System Basics.pdf, ProfitableTrendForexSystem\profitabletrend.tpl, ProfitableTrendForexSystem\realMACD.mq4, ProfitableTrendForexSystem\Thumbs.db.
Settings
| Setting | Default | What it does |
|---|---|---|
| Period | 21 | Period or timeframe used by the calculation |
| Method | 3 | MODE_SMA |
| Price | 0 | PRICE_CLOSE |
| Fast ma period | 12 | Period or timeframe used by the calculation |
| Slow ma period | 26 | Period or timeframe used by the calculation |
| Signal ma period | 9 | Period or timeframe used by the calculation |
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: Trend · Moving Average · MT4 Indicator · MQL4 Source Code