Correl8
This Old Kings indicator for MetaTrader 4 is called Correl8. It can read another timeframe and shows an on-chart panel. It has 16 settings, for example PRIPeriod (default 14), _ (default 0=Close 4=Median 5=Typic) and Price (default PRICE_CLOSE). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Correl8
Correl8 is an indicator for MetaTrader 4. It can show data from another timeframe (MTF) and shows several symbols in one panel. It has 16 settings, such as Pri period, _ and Price. MQL source code included.
Files in the download: correl8.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Pri period | 14 | Period or timeframe used by the calculation |
| _ | 0=Close 4=Median 5=Typical 6=Weighted | |
| Price | PRICE_CLOSE | |
| __ | 0=High/Low 1=Close/Close 2=High/Low/Clos | |
| Pri mode | HIGH_LOW | |
| Time frame | 0 | Period or timeframe used by the calculation |
| Show auto | true | |
| Show all | false | |
| Show eur | false | |
| Show gbp | false | |
| Show aud | false | |
| Show nzd | false | |
| Show chf | false | |
| Show cad | false | |
| Show jpy | false | |
| Show usd | false |
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: Multi-Timeframe (MTF) · Dashboards & Scanners · MT4 Indicator · MQL4 Source Code