Binary Forex
This Old Kings indicator for MetaTrader 4 is called Binary Forex. It draws arrows on the chart. It has 28 settings, for example Auto Fibo Num Bars (default 200), Fibo Color (default Yellow) and Zig Zag Ext Depth (default 12). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 8 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 Binary Forex
Binary Forex is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart. It has 28 settings, such as Auto fibo num bars, Fibo color and Zig zag ext depth. MQL source code included.
Files in the download: Author.txt, Binary Forex.tpl, Fibonacci Pivots.ex4, Fibonacci Pivots.mq4, MVX - Fibos.ex4, MVX - Fibos.mq4, Volume Custome MA.ex4, Volume Custome MA.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Auto fibo num bars | 200 | |
| Fibo color | Yellow | Colour on the chart |
| Zig zag ext depth | 12 | |
| Zig zag ext deviation | 5 | |
| Zig zag ext backstep | 3 | Distance between orders |
| Zig zag visible | true | |
| Ma period | 15 | Period or timeframe used by the calculation |
| Ma shift | 0 | Bar shift (0 = current bar) |
| Ma method | 1 | |
| Volume period | 10 | Period or timeframe used by the calculation |
| Numbers shrink bars in display | 2=1/2, 3=1/3, 4=1/4, 5=1/5, etc | |
| Enter shrink number | 3 | |
| Need 2 numbers dividing range | 0-100 into 3 parts (33&66, 25&50 etc) | |
| Enter number 1 | 38.2 | |
| Enter number 2 | 61.8 | |
| Display volume percentages text | true | |
| Below average text color 0 | C'40,40,40' | Colour on the chart |
| Above average text color 1 | DarkSlateBlue | Colour on the chart |
| Above average text color 2 | SlateBlue | Colour on the chart |
| Above average text color 3 | CornflowerBlue | Colour on the chart |
| Above average text color 4 | LimeGreen | Colour on the chart |
| Average period | 14 | Period or timeframe used by the calculation |
| Average method | MODE_SMA | |
| Text in window 0123 | 0 | |
| Text in corner 0123 | 0 | |
| Text horizontal indent | 5 | |
| Text vertical indent | 170 | |
| Text size | 11 |
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: Binary Options · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code