Best Indicator Forever 2
Best Indicator Forever 2 is an indicator for MetaTrader 4 from 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). 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 Best Indicator Forever 2
Best Indicator Forever 2 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