Cat FX50b
Cat FX50b is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages, ATR and the Stochastic oscillator. It draws arrows on the chart and can send alerts. It has 10 settings, for example confirm Step MA Bars (default 3), confirm EMA Bars (default 3) and alert ON (default 0). 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 Cat FX50b
Cat FX50b is an indicator for MetaTrader 4 based on Moving Average, ATR and Stochastic. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 10 settings, such as Confirm step ma bars, Confirm ema bars and Alert on. MQL source code included.
Files in the download: CatFX50b.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Confirm step ma bars | 3 | Distance between orders |
| Confirm ema bars | 3 | |
| Alert on | 0 | ON=1,OFF=0 |
| Trade time from | 8 | sever time |
| Trade time to | 18 | sever time |
| Ema period | 50 | Period or timeframe used by the calculation |
| Ema method | 0 | 0=Close, 1=Open, 2=High, 3=Low, 4=median,5=typical, 6=weighted close |
| Step ma stoch period watr | 10 | Distance between orders |
| Step ma stoch kwatr | 1.0000 | Distance between orders |
| Step ma stoch high low | 0 | Distance between orders |
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 · Stochastic · MT4 Indicator · MQL4 Source Code