Raven Forex Strategy
Raven Forex Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages, CCI and ATR. It draws arrows on the chart and can send alerts. It has 22 settings, for example Signal Gap (default 10), Trend CCI Period (default 63) and Entry CCI Period (default 5). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 7 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 Raven Forex Strategy
Raven Forex Strategy is an indicator for MetaTrader 4 based on Moving Average, CCI and ATR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 22 settings, such as Signal gap, Trend cci period and Entry cci period. MQL source code included.
Files in the download: T&C Wonders.mq4, BetterVolume 1.5a Alerts mod.ex4, CCI_Woodies_Lnx_v6.mq4, trend2.ex4, trend2.mq4, candlestick.ex4, Heiken Ashi.mq4, Raven.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Signal gap | 10 | |
| Trend cci period | 63 | Period or timeframe used by the calculation |
| Entry cci period | 5 | Period or timeframe used by the calculation |
| Lsma period | 25 | Period or timeframe used by the calculation |
| Ema period | 60 | Period or timeframe used by the calculation |
| Trend period | 0 | Period or timeframe used by the calculation |
| Text1 | ----------------------- | |
| Text2 | Mode 1 Shows LSMA hide EMA | |
| Text3 | Mode 2 Shows EMA hide LSMA | |
| MODE | 2 | |
| Text4 | ----------------------- | |
| Zero line cross alert | true | Turn this alert on or off |
| Alert only sound | false | Turn this alert on or off |
| Sound | alert2.wav | Turn this alert on or off |
| Send mail possible | false | |
| Count bars | 500 | |
| Sound alerts | FALSE | Turn this alert on or off |
| Email alerts | FALSE | Turn this alert on or off |
| Color1 | Red | Colour on the chart |
| Color2 | White | Colour on the chart |
| Color3 | Red | Colour on the chart |
| Color4 | White | Colour on the chart |
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 · Moving Average · CCI · ATR · MT4 Indicator · MQL4 Source Code