Brain Trend1 Stop
From the Old Kings archive: Brain Trend1 Stop, an indicator for MetaTrader 4. In the code it works with the Stochastic oscillator and ATR. It draws arrows on the chart. It has 3 settings, for example Num Bars (default 500), Enable Alerts (default 0) and Signal ID (default 0). 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 Brain Trend1 Stop
Brain Trend1 Stop is an indicator for MetaTrader 4 based on Stochastic and ATR. It draws buy and sell arrows on the chart. It has 3 settings, such as Num bars, Enable alerts and Signal id. MQL source code included.
Files in the download: BrainTrend1Stop.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Num bars | 500 | |
| Enable alerts | 0 | Turn this alert on or off |
| Signal id | 0 |
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: Trend · Buy/Sell Arrows · Stochastic · ATR · MT4 Indicator · MQL4 Source Code