AF Star1
AF Star1 is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages and an oscillator. It draws arrows on the chart. It has 9 settings, for example Start Fast (default 3), End Fast (default 3.5) and Start Slow (default 8). 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 AF Star1
AF Star1 is an indicator for MetaTrader 4 based on Moving Average and Oscillator. It draws buy and sell arrows on the chart. It has 9 settings, such as Start fast, End fast and Start slow. MQL source code included.
Files in the download: AFStar1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Start fast | 3 | |
| End fast | 3.5 | |
| Start slow | 8 | |
| End slow | 9 | |
| Step period | 0.2 | Distance between orders |
| Start risk | 1 | Risk per trade (percent of balance) |
| End risk | 2.8 | Risk per trade (percent of balance) |
| Step risk | 0.5 | Risk per trade (percent of balance) |
| All bars | 500 |
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 · Moving Average · Oscillator · MT4 Indicator · MQL4 Source Code