Black King V2.0
From the Old Kings archive: Black King V2.0, an indicator for MetaTrader 4. The file name marks it as version 2.0. In the code it works with RSI, the Stochastic oscillator and moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Daily (default True), Weekly (default False) and Monthly (default False). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 · v2.0 · Free
About Black King V2.0
Black King V2.0 is an indicator for MetaTrader 4 based on RSI, Stochastic 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 Daily, Weekly and Monthly. MQL source code included.
Files in the download: Black King.png, FREE TRADING SYSTEMS AND INDICATORS.url, AutoPivotIndicator.ex4, AutoPivotIndicator.mq4, DailyData.ex4, King's_Cage.ex4, King's_Cage.mq4, QQE_Alert_MTF_v5.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Daily | True | |
| Weekly | False | |
| Monthly | False | |
| Number of days | 50 | |
| Period begin | 00:00 | Hour when trading starts (server time) |
| Period end | 03:30 | Number of bars in the calculation |
| Box end | 23:00 | |
| Box break out offset | 20 | |
| Box hl color | DarkGray | Colour on the chart |
| Box break out color | Gray | Colour on the chart |
| Box period color | Yellow | Number of bars in the calculation |
| Smoothing | 5 | |
| Time frame | 0 | Period or timeframe used by the calculation |
| Alerts | ---------------------------------------- | Turn this alert on or off |
| Cross fifty alert | FALSE | Turn this alert on or off |
| Cross fifty email | FALSE | Turn this alert on or off |
| Cross line alert | FALSE | Turn this alert on or off |
| Cross line email | FALSE | Turn this alert on or off |
| Both alert | FALSE | Turn this alert on or off |
| Both email | FALSE | Turn this alert on or off |
| Messages | ---------------------------------------- | |
| Fifty up message | QQE Crossed 50 Line UP !!! | |
| Fifty down message | QQE Crossed 50 Line DOWN !!! | |
| Qqe cross up message | QQE Lines Crossed UP !!! | |
| Qqe cross down message | QQE Lines Crossed DOWN !!! | |
| Both up message | QQE Lines Are Crossed and 50 Line Broken | |
| Both down message | QQE Lines Are Crossed and 50 Line Broken | |
| Sounds | ---------------------------------------- | Turn this alert on or off |
| Fifty up sound | alert.wav | Turn this alert on or off |
| Fifty down sound | alert.wav | Turn this alert on or off |
| Qqe cross up sound | alert.wav | Turn this alert on or off |
| Qqe cross down sound | alert.wav | Turn this alert on or off |
| Both up sound | alert.wav | Turn this alert on or off |
| Both down sound | alert.wav | Turn this alert on or off |
| Dot visibility | ---------------------------------------- | |
| Fifty up dot | FALSE | |
| Fifty down dot | FALSE | |
| Qqe cross up dot | FALSE | |
| Qqe cross down dot | FALSE | |
| Both up dot | FALSE |
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) · RSI · Stochastic · Moving Average · MT4 Indicator · MQL4 Source Code