Critical Points V2
This Old Kings indicator for MetaTrader 4 is called Critical Points V2. The file name marks it as version 2. In the code it works with moving averages. It has 18 settings, for example MAPeriod (default 157), MAType (default 0) and Fib1 (default 21). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 · v2 · Free
About Critical Points V2
Critical Points V2 is an indicator for MetaTrader 4 based on Moving Average. It has 18 settings, such as Ma period, Ma type and Fib1. MQL source code included.
Files in the download: Critical_PointsV2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma period | 157 | Period or timeframe used by the calculation |
| Ma type | 0 | |
| Fib1 | 21 | |
| Fib2 | 34 | |
| Fib3 | 55 | |
| Fib4 | 89 | |
| Fib5 | 144 | |
| Fib6 | 233 | |
| Fib7 | 377 | |
| Fib8 | 610 | |
| 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 |
| Color6 | Tomato | Colour on the chart |
| Color7 | Magenta | Colour on the chart |
| Color8 | Aqua | 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