ATR Stops MACD3(M)System
ATR Stops MACD3(M)System is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around ATR volatility. Its source code uses moving averages and ATR. It draws arrows on the chart. It has 16 settings, for example Level1 (default Black), Level2 (default DarkGray) and Level3 (default LightGray). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 6 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 ATR Stops MACD3(M)System
ATR Stops MACD3(M)System is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart. It has 16 settings, such as Level1, Level2 and Level3. MQL source code included.
Files in the download: ForexWOT.Com-ATRStopsMACD3(m)System\ForexWOT.Com [Trading Rules].url, ForexWOT.Com-ATRStopsMACD3(m)System\Indicators\ATRprojections.ex4, ForexWOT.Com-ATRStopsMACD3(m)System\Indicators\ATRprojections.mq4, ForexWOT.Com-ATRStopsMACD3(m)System\Indicators\ATRStops_v1.1.ex4, ForexWOT.Com-ATRStopsMACD3(m)System\Indicators\dots color.ex4, ForexWOT.Com-ATRStopsMACD3(m)System\Indicators\MACD 3(m).ex4, ForexWOT.Com-ATRStopsMACD3(m)System\Indicators\MACD 3(m).mq4, ForexWOT.Com-ATRStopsMACD3(m)System\Template\ForexWOT.Com-ATRStopsMACD3(m)System.
Settings
| Setting | Default | What it does |
|---|---|---|
| Level1 | Black | |
| Level2 | DarkGray | |
| Level3 | LightGray | |
| Price | 0C, 1O, 2H, 3L, 4Md:(Md(HL/2)4), 5Tp:(Tp | |
| Price | 6 | |
| Length com | 9 | |
| M amode | 3 | |
| Up color | Aqua | Colour on the chart |
| Down color | Yellow | Colour on the chart |
| Chncolor | White | Colour on the chart |
| High chan color | Lime | Colour on the chart |
| Low chan color | Red | Colour on the chart |
| Zero2 | White | |
| Zero line up color | Green | Colour on the chart |
| Zero line down color | Red | Colour on the chart |
| St dv | 1.0 |
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: ATR · Buy/Sell Arrows · Moving Average · MT4 Indicator · MQL4 Source Code