Critical Points
Critical Points is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages. It has 12 settings, for example MAPeriod (default 157), MAType (default 0) and Fib1 (default 23). 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 Critical Points
Critical Points is an indicator for MetaTrader 4 based on Moving Average. It has 12 settings, such as Ma period, Ma type and Fib1. MQL source code included.
Files in the download: Critical_Points.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma period | 157 | Period or timeframe used by the calculation |
| Ma type | 0 | |
| Fib1 | 23 | |
| Fib2 | 38 | |
| Fib3 | 50 | |
| Fib4 | 61 | |
| Fib5 | 100 | |
| Color1 | Khaki | Colour on the chart |
| Color2 | LightGreen | Colour on the chart |
| Color3 | LightSkyBlue | Colour on the chart |
| Color4 | Plum | Colour on the chart |
| Color5 | LightSalmon | Colour on the chart |
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: Moving Average · MT4 Indicator · MQL4 Source Code