De Mark Lines
De Mark Lines is an indicator for MetaTrader 4 from the Old Kings collection. It draws arrows on the chart and can send alerts. It has 18 settings, for example show Bars (default 3000), Lev DP (default 2) and q Steps (default 1). 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 De Mark Lines
De Mark Lines is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 18 settings, such as Show bars, Lev dp and Q steps. MQL source code included.
Files in the download: DeMark lines.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Show bars | 3000 | if showBars= 0 so the indicator will be shown for all the chart |
| Lev dp | 2 | Demar Pint Levels; 2 = central bar will be higher (lower) then 2 bars on the left side and 2 bars on |
| Q steps | 1 | number of steps/ no more than 3 |
| Back step | 0 | number of staps back |
| Start bar | 0 | ifstartBar=0 so we have recommendation for the current bar, if 1 - for possible next bar |
| Trend line | false | false = no trend lines |
| Horizont line | false | true = break levels |
| Channel line | false | true = channels which is parallel with trend lines |
| Take lines | false | true = take profit lines |
| Comments | false | true = comments |
| Trend | 0 | 1 = for UpTrendLines only, -1 = for DownTrendLines only, 0 = for all TrendLines |
| Show arrows | true | |
| Custom features | true | |
| Up trend color | Green | Colour on the chart |
| Down trend color | Red | Colour on the chart |
| Trendline width | 3 | |
| Show alerts | false | Turn this alert on or off |
| Email alert | false | Turn this alert on or off |
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 · MT4 Indicator · MQL4 Source Code