Trend Pullback System
This Old Kings indicator for MetaTrader 4 is called Trend Pullback System. Judging by its name, it is built around following the trend. In the code it works with RSI and ATR. It draws arrows on the chart and can send alerts. It has 12 settings, for example RSIPeriod (default 8), Period K (default 8) and Slow Period (default 3). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Trend Pullback System
Trend Pullback System is an indicator for MetaTrader 4 based on RSI 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 12 settings, such as Rsi period, Period k and Slow period. MQL source code included.
Files in the download: #MT4-StochasticRSI-Oscillator_wTrend_Alerts.mq4, Adaptive RSI.mq4, Grid Builder.mq4, HMA Color nrp.ex4, MA_adaptive_rsi nrp.ex4, New_Candle_Alarm.mq4, range whitebackround greenbars.tpl, s-Constant Range Bars.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Rsi period | 8 | Period or timeframe used by the calculation |
| Period k | 8 | Number of bars in the calculation |
| Slow period | 3 | Period or timeframe used by the calculation |
| M0 | MA_Adaptive_RSI settings | |
| Ma period | 20 | Period or timeframe used by the calculation |
| Ma shift | 0 | Bar shift (0 = current bar) |
| Ma method | 2 | |
| Ma price | 0 | |
| Arsi period | 14 | Period or timeframe used by the calculation |
| Arrow width | 2 | |
| Arsi period | 14 | Period or timeframe used by the calculation |
| Grid space | 50 |
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 · Buy/Sell Arrows · Alerts · RSI · ATR · MT4 Indicator · MQL4 Source Code