Breaktrend2 3
From the Old Kings archive: Breaktrend2 3, an indicator for MetaTrader 4. In the code it works with ATR. It draws arrows on the chart and can send alerts. It has 8 settings, for example n Price Distance (default 500), n Number Of Bars (default 18) and e Mode (default ClosedBars). 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 Breaktrend2 3
Breaktrend2 3 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 8 settings, such as I n price distance, I n number of bars and I e mode. MQL source code included.
Files in the download: breaktrend2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| I n price distance | 500 | Price difference |
| I n number of bars | 18 | Bars to analyse |
| I e mode | ClosedBars | Mode |
| I b alerts | YES | Alerts |
| I b mail | NO | E-mail notifications |
| I b push | NO | Push-notifications |
| I up color | clrDeepSkyBlue | Up color |
| I down color | clrTomato | Down color |
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