Bmans
This Old Kings indicator for MetaTrader 4 is called Bmans. In the code it works with moving averages and ATR. It draws arrows on the chart and can send alerts. It has 28 settings, for example T (default 300.0), Price (default 0) and Length (default 10). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Bmans
Bmans is an indicator for MetaTrader 4 based on Moving Average and 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 28 settings, such as T, Price and Length. MQL source code included.
Files in the download: ASI.ex4, ASI.mq4, Bmans_Renko.png, bmans_renko.tpl, NonLagMA_v7_M.ex4, NonLagMA_v7_M.mq4, red this.txt, RenkoLiveChart_v2.1.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| T | 300.0 | |
| Price | 0 | Apply to Price(0-Close;1-Open;2-High;3-Low;4-Median price;5-Typical price;6-Weighted Close) |
| Length | 10 | Period of NonLagMA |
| Displace | 0 | DispLace or Shift |
| Pct filter | 0 | Dynamic filter in decimal |
| Color | 1 | Switch of Color mode (1-color) |
| Color bar back | 1 | Bar back for color mode |
| Deviation | 0 | Up/down deviation |
| Sound alert mode | 0 | Sound Alert switch |
| Box size | 5 | |
| Box offset | 0 | |
| Renko time frame | 2 | What time frame to use for the offline renko chart |
| Strange symbol name | false | |
| My thickness | 1 | |
| My style | 0 | |
| My period | 0 | Period or timeframe used by the calculation |
| My shift | 0 | Bar shift (0 = current bar) |
| Notetype | 0=SMA,1=EMA,2=SMMA,3=LWMA | |
| Noteprice | 0=CLOSE,1=OPEN,2=HIGH,3=LOW,4=MEDIAN,5=P | |
| My ma period1 | 50 | Number of bars in the calculation |
| Ma type1 | 1 | |
| Ma price1 | PRICE_HIGH | |
| My ma period2 | 50 | Number of bars in the calculation |
| Ma type2 | 1 | |
| Ma price2 | PRICE_CLOSE | |
| My ma period3 | 50 | Number of bars in the calculation |
| Ma type3 | 1 | |
| Ma price3 | PRICE_LOW |
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 · Moving Average · ATR · MT4 Indicator · MQL4 Source Code