Anaconda Trading 2
Anaconda Trading 2 is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages and ATR. It draws arrows on the chart and can send alerts. It has 8 settings, for example Price (default 0), MA Length (default 1) and MA Mode (default 0). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 3 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 Anaconda Trading 2
Anaconda Trading 2 is an indicator for MetaTrader 4 based on Moving Average 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 8 settings, such as Price, Ma length and Ma mode. MQL source code included.
Files in the download: Macd_with_EMA_BDV09_12_22.ex4, VoltyChannel_Stop_v2.1.ex4, VoltyChannel_Stop_v2.1.mq4, Anaconda Intraday.tpl, Anaconda trading.tpl, FREE TRADING SYSTEMS AND INDICATORS.url.
Settings
| Setting | Default | What it does |
|---|---|---|
| Price | 0 | Applied Price: 0-C,1-O,2-H,3-L,4-Median,5-Typical,6-Weighted |
| Ma length | 1 | MA's Period |
| Ma mode | 0 | MA's Method:0-SMA,1-EMA,2-SMMA,3-LWMA |
| Atr length | 10 | ATR's Period |
| Kv | 4 | Volatility's Factor or Multiplier |
| Money risk | 1 | Offset Factor |
| Alert mode | 0 | 0-alert off,1-on |
| Visual mode | 0 | 0-lines,1-dots |
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 · ATR · MT4 Indicator · MQL4 Source Code