Swing Pips System
This Old Kings indicator for MetaTrader 4 is called Swing Pips System. In the code it works with the Stochastic oscillator, moving averages and fractals. It draws arrows on the chart and can send alerts. It has 15 settings, for example Ma Period (default 250), Cross Over Threshold (default 0.00003) and Count Bars (default 5000). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 14 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 Swing Pips System
Swing Pips System is an indicator for MetaTrader 4 based on Stochastic, Moving Average and Fractals. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 15 settings, such as Ma period, Cross over threshold and Count bars. MQL source code included.
Files in the download: ADX_MA.ex4, ADX_MA.mq4, polinomial regression.ex4, PRICE.ex4, StochCandles.ex4, StochCandles.mq4, SupportResistance Areas.ex4, SupportResistance Areas.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma period | 250 | Period or timeframe used by the calculation |
| Cross over threshold | 0.00003 | |
| Count bars | 5000 | |
| Number of sup dem | 2 | |
| Top color | Maroon | Colour on the chart |
| Bot color | DarkBlue | Colour on the chart |
| Range periods | 120 | was 30 |
| Price smoothing | 0.67 | =0.67 bei Fisher_m10 |
| Index smoothing | 0.5 | =0.50 bei Fisher_m10 |
| Alert on | true | Turn this alert on or off |
| Bars back | 120 | |
| M | 4 | |
| I | 0 | |
| Kstd | 2.0 | |
| S name | 720 |
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 · Stochastic · Moving Average · Fractals · MT4 Indicator · MQL4 Source Code