Catch The Wave Zip 2
From the Old Kings archive: Catch The Wave Zip 2, an indicator for MetaTrader 4. Its name points to wave counting in the Elliott style. In the code it works with RSI and moving averages. It draws arrows on the chart, can send alerts and marks candlestick patterns. It has 40 settings, for example LB (default 3), max Bars For Period (default 1000) and show M01 (default true). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 16 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 Catch The Wave Zip 2
Catch The Wave Zip 2 is an indicator for MetaTrader 4 based on RSI and Moving Average. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and marks candlestick patterns. It has 40 settings, such as LB, Max bars for period and Show m01. MQL source code included.
It also can show data from another timeframe (MTF).
Files in the download: # TLB OC v02 mod.mq4, #Pallada_Assistant 2.mq4, csDash2020.ex4, Digital ACTIVE SR 2-2.mq4, Digital ATR Levels.mq4, Digital FAST TMA LINE.mq4, Digital X-DAILY TARGETS.mq4, HMA Trend Arrows TT.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| LB | 3 | |
| Max bars for period | 1000 | Period or timeframe used by the calculation |
| Show m01 | true | |
| Show m05 | true | |
| Show m15 | true | |
| Show m30 | true | |
| Show h01 | true | |
| Show h04 | true | |
| Show d01 | true | |
| Show w01 | true | |
| Show mn1 | true | |
| Line width | 1 | |
| Show c | true | |
| Start hour | 0 | Hour when trading starts (server time) |
| End hour | 7 | Hour when trading stops (server time) |
| Pos x | 5 | |
| Pos y | 15 | |
| Corner | 3 | |
| Color common | Khaki | Colour on the chart |
| Color up | DodgerBlue | Colour on the chart |
| Color dn | Red | Colour on the chart |
| Color unkn | Silver | Colour on the chart |
| Custom indicator | Active S/R | |
| Copyright | © 2020, Digital | |
| Web address | ||
| Color | === Color settings === | Colour on the chart |
| Resistance color | MediumSeaGreen | Colour on the chart |
| Support color | Salmon | Colour on the chart |
| R line width | 1 | |
| S line width | 1 | |
| R line code | 159 | |
| S line code | 159 | |
| Atr period | 10 | Period or timeframe used by the calculation |
| Line h4 | STYLE_DASHDOT | |
| Line h4 color | Red | Colour on the chart |
| Line h4 width | 3 | |
| Line l4 | STYLE_SOLID | |
| Line l4 color | Gold | Colour on the chart |
| Line l4 width | 3 | |
| Line h4t | STYLE_DOT |
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 · Candlestick Patterns · Multi-Timeframe (MTF) · RSI · Moving Average · MT4 Indicator · MQL4 Source Code