Correlation IND CHAR Tlite 3
This Old Kings indicator for MetaTrader 4 is called Correlation IND CHAR Tlite 3. It has 14 settings, for example symbol1, s1correlation (default +) and s1color (default DarkOrchid). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 2 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 Correlation IND CHAR Tlite 3
Correlation IND CHAR Tlite 3 is an indicator for MetaTrader 4. It has 14 settings, such as Symbol1, S1correlation and S1color. MQL source code included.
Files in the download: _Correlation IND CHARTlite.mq4, _Correlation IND HSTlite.mq4, _correlation_charts.doc.
Settings
| Setting | Default | What it does |
|---|---|---|
| Symbol1 | ||
| S1correlation | + | |
| S1color | DarkOrchid | Colour on the chart |
| TF | 0 | Period or timeframe used by the calculation |
| S1adjust percent | 100 | |
| S2 | ||
| S2cor | + | |
| S2adj | 100 | |
| S3 | ||
| S3cor | + | |
| S3adj | 100 | |
| S4 | ||
| S4cor | + | |
| S4adj | 100 |
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: MT4 Indicator · MQL4 Source Code