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Bull Beer Spred.mq4

Bull Beer Spred.mq4 — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses divergence checks. It draws arrows on the chart. It has 5 settings, for example Show Text (default TRUE), Corner (default 1) and MA Length (default 100). 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 Bull Beer Spred.mq4

Bull Beer Spred.mq4 is an indicator for MetaTrader 4 based on Divergence. It draws buy and sell arrows on the chart. It has 5 settings, such as Show text, Corner and Ma length. MQL source code included.

Files in the download: Bull-Beer_Spred.mq4.

Settings

SettingDefaultWhat it does
Show textTRUE
Corner1
Ma length100
TrendingC'0x23,0x23,0x23'
RangingBlack

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Buy/Sell Arrows · Divergence · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria