Colorzerolagrvi 3
Colorzerolagrvi 3 — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses an oscillator. It draws arrows on the chart and can send alerts. It has 28 settings, for example smoothing (default 15), Factor1 (default 0.05) and RVI period1 (default 8). 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 Colorzerolagrvi 3
Colorzerolagrvi 3 is an indicator for MetaTrader 4 based on Oscillator. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 28 settings, such as Smoothing, Factor1 and Rvi period1. MQL source code included.
Files in the download: colorzerolagrvi.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Smoothing | 15 | |
| Factor1 | 0.05 | |
| Rvi period1 | 8 | Number of bars in the calculation |
| Factor2 | 0.10 | |
| Rvi period2 | 21 | Number of bars in the calculation |
| Factor3 | 0.16 | |
| Rvi period3 | 34 | Number of bars in the calculation |
| Factor4 | 0.26 | |
| Rvi period4 | 55 | Number of bars in the calculation |
| Factor5 | 0.43 | |
| Rvi period5 | 89 | Number of bars in the calculation |
| Signal mode | SingalModeLive | Signal mode |
| Type | Arrows | Presentation Type |
| Shift arrows pips | 0.1 | Shift arrows |
| Up color | Green | Up color |
| Down color | Red | Down color |
| Alerts section | == Alerts == | |
| Popup alert | false | Popup message |
| Notification alert | false | Push notification |
| Email alert | false | |
| Play sound | false | Play sound on alert |
| Sound file | Sound file | |
| Start program | false | Start external program |
| Program path | Path to the external program executable | |
| Advanced alert | false | Advanced alert (Telegram/Discord/other platform (like another MT4)) |
| Advanced key | Advanced alert key | |
| Comment3 | - Allow use of dll in the indicator para | Comment written on the orders |
| Comment4 | - Install AdvancedNotificationsLib.dll - | Comment written on the 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 · Oscillator · MT4 Indicator · MQL4 Source Code