B Band Stop Profit Supreme
From the Old Kings archive: B Band Stop Profit Supreme, an indicator for MetaTrader 4. In the code it works with RSI and moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Channel Period (default 9), Risk (default 0.30) and Signal (default 1). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 14 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 B Band Stop Profit Supreme
B Band Stop Profit Supreme is an indicator for MetaTrader 4 based on RSI and Moving Average. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as Channel period, Risk and Signal. MQL source code included.
It also shows several symbols in one panel.
Files in the download: ForexWOT.Com-BBandStopProfitSupreme\ForexWOT.Com [Trading Rules].url, ForexWOT.Com-BBandStopProfitSupreme\Indicators\BBand Stop.ex4, ForexWOT.Com-BBandStopProfitSupreme\Indicators\BBand Stop.mq4, ForexWOT.Com-BBandStopProfitSupreme\Indicators\Forexprofitsupreme Bars.ex4, ForexWOT.Com-BBandStopProfitSupreme\Indicators\Forexprofitsupreme Bars.mq4, ForexWOT.Com-BBandStopProfitSupreme\Indicators\ForexProfitSupreme Meter.ex4, ForexWOT.Com-BBandStopProfitSupreme\Indicators\ForexProfitSupreme Meter.mq4, ForexWOT.Com-BBandStopProfitSupreme\Indicators\Forexprofitsupreme Signal.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Channel period | 9 | Period or timeframe used by the calculation |
| Risk | 0.30 | Risk per trade (percent of balance) |
| Signal | 1 | |
| Line | 1 | |
| Nbars | 1000 | |
| Rsi period | 21 | Period or timeframe used by the calculation |
| Rsi price | 0 | |
| Overbought | 50 | |
| Oversold | 50 | |
| Bar width | 1 | |
| Candle width | 3 | |
| Currencies window below table | FALSE | |
| Show currencies | TRUE | |
| Show currencies sorted | TRUE | |
| Show symbols sorted | TRUE | |
| Symbol prefix | ||
| Dont show this pairs | NZDCHF | |
| Handle back ground color | LightSlateGray | Colour on the chart |
| Data table back ground color 1 | LightSteelBlue | Colour on the chart |
| Data table back ground color 2 | Lavender | Colour on the chart |
| Currencys back ground color | LightSlateGray | Colour on the chart |
| Handle text color | White | Colour on the chart |
| Data table text color | Black | Colour on the chart |
| Currencys text color | White | Colour on the chart |
| Trend up arrows color | MediumBlue | Colour on the chart |
| Trend down arrows color | Red | Colour on the chart |
| Fast ma | 5 | |
| Fast ma shift | 0 | Bar shift (0 = current bar) |
| Fast ma method | MODE_LWMA | |
| Fast ma price | PRICE_CLOSE | |
| Slow ma | 13 | |
| Slow ma shift | 0 | Bar shift (0 = current bar) |
| Slow ma method | MODE_LWMA | |
| Slow ma price | PRICE_CLOSE | |
| Alerts on | true | Turn this alert on or off |
| Alerts on current | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | true | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Soundfile | alert2.wav | 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 · Multi-Timeframe (MTF) · Dashboards & Scanners · RSI · Moving Average · MT4 Indicator · MQL4 Source Code