Sky Forex System
From the Old Kings archive: Sky Forex System, an indicator for MetaTrader 4. In the code it works with moving averages and Bollinger Bands. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Length (default 20), Deviation (default 2) and Money Risk (default 1.00). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 41 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 Sky Forex System
Sky Forex System is an indicator for MetaTrader 4 based on Moving Average and Bollinger Bands. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as Length, Deviation and Money risk. MQL source code included.
Files in the download: HOW TO INSTAL INDICATOR.txt, COPY CONTENTS TEMPLATE.jpg, COPY FOLDER INDICATOR.jpg, HOW TO INSTAL INDICATOR.txt, HOW TO INSTALL INDICATOR.zip, #TTF_Trend_trial.ex4, BB V2.1.ex4, BB V2.1b.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Length | 20 | Bollinger Bands Period |
| Deviation | 2 | Deviation |
| Money risk | 1.00 | Offset Factor |
| Signal | 1 | Display signals mode: 1-Signals & Stops; 0-only Stops; 2-only Signals; |
| Line | 1 | Display line mode: 0-no,1-yes |
| Nbars | 1000 | |
| Time frame | current time frame | Period or timeframe used by the calculation |
| Smooth period | 5 | Period or timeframe used by the calculation |
| Smooth phase | 0 | |
| Alerts on | FALSE | Turn this alert on or off |
| Alerts on current | FALSE | Turn this alert on or off |
| Alerts message | FALSE | Turn this alert on or off |
| Alerts sound | FALSE | Turn this alert on or off |
| Alerts email | FALSE | Turn this alert on or off |
| Signal period | 12 | Period or timeframe used by the calculation |
| Arrow period | 2 | Period or timeframe used by the calculation |
| Sl pips | 100 | Stop loss distance |
| Alert on | TRUE | Turn this alert on or off |
| TRUE | Turn this alert on or off | |
| Note1 | Change font colors automatically? True = | |
| Bid ask colors | True | Colour on the chart |
| Note2 | Default Font Color | |
| Font color | Black | Colour on the chart |
| Note3 | Font Size | |
| Font size | 24 | |
| Note4 | Font Type | |
| Font type | Comic Sans MS | |
| Note5 | Display the price in what corner? | |
| What corner | 1 | |
| Number of days | 10 | |
| Start 1 | 15:00 | |
| Stop 1 | 23:59 | |
| Colour 1 | C'25,25,112' | US |
| Start 2 | 08:00 | |
| Stop 2 | 19:00 | |
| Colour 2 | C'128,0,30' | Europe |
| Start 3 | 00:00 | |
| Stop 3 | 12:00 | |
| Colour 3 | C'0,60,20' | Asia |
| Start 4 | 10:00 |
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 · Multi-Timeframe (MTF) · Moving Average · Bollinger Bands · MT4 Indicator · MQL4 Source Code