1x5 Warning System No Re Draw
1x5 Warning System No Re Draw is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages. It draws arrows on the chart and can send alerts. It has 5 settings, for example Faster Mode (default 3), Faster MA (default 1) and Slower Mode (default 3). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file 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 1x5 Warning System No Re Draw
1x5 Warning System No Re Draw is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 5 settings, such as Faster mode, Faster ma and Slower mode. MQL source code included.
Files in the download: 1x5 warning systemNoReDraw.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Faster mode | 3 | 0=sma, 1=ema, 2=smma, 3=lwma |
| Faster ma | 1 | |
| Slower mode | 3 | 0=sma, 1=ema, 2=smma, 3=lwma |
| Slower ma | 5 | |
| Use alert | true | Turn this alert on or off |
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 · MT4 Indicator · MQL4 Source Code