Best Indicator Forever 2 4
Best Indicator Forever 2 4 — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses ATR. It draws arrows on the chart and can send alerts. It has 27 settings, for example St Ex (default ------- Indicator Settin), Verbose (default FALSE) and Min Range (default 5). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Best Indicator Forever 2 4
Best Indicator Forever 2 4 is an indicator for MetaTrader 4 based on 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 27 settings, such as St ex, Verbose and Min range. MQL source code included.
Files in the download: Best Indicator Forever (1).mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| St ex | ------- Indicator Settings | |
| Verbose | FALSE | |
| Min range | 5 | |
| Max range | 30 | |
| High low filter | 10 | |
| Max history bars | 500 | |
| An ex | ------- Trade Analysis | |
| An ex2 | >> Analyzes the performance of signals | |
| Analysis enabled | TRUE | |
| Display profits | TRUE | |
| Analysis color | Magenta | Colour on the chart |
| Analysis label | Aqua | |
| Arrow size | 2 | |
| Arrow up col | LightSkyBlue | |
| Arrow dn col | Tomato | |
| Ur font | Tahoma | |
| Ur font size | 7 | |
| Ur font col | Lime | |
| Se ex3 | ------- Drawing Boxes | |
| Bull rectangle | LightSkyBlue | |
| Bear rectangle | Tomato | |
| Alerts ex | ------- Alerts | Turn this alert on or off |
| Alert caption | DayTrading Alert | Turn this alert on or off |
| Display alerts | TRUE | Turn this alert on or off |
| Email alerts | FALSE | Turn this alert on or off |
| Sound alerts | TRUE | Turn this alert on or off |
| Push alerts | 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 · ATR · MT4 Indicator · MQL4 Source Code