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Digitel Flet Color MOD 2

Digitel Flet Color MOD 2 is an indicator for MetaTrader 4 from the Old Kings collection. This copy is a modified edition. Its source code uses moving averages and ATR. It can read another timeframe. It has 15 settings, for example Ma1Period (default 5), Ma1Type (default MODE_EMA) and Ma1Price (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 Digitel Flet Color MOD 2

Digitel Flet Color MOD 2 is an indicator for MetaTrader 4 based on Moving Average and ATR. It can show data from another timeframe (MTF). It has 15 settings, such as Ma1 period, Ma1 type and Ma1 price. MQL source code included.

Files in the download: Digitel FLET ColorMOD (1).mq4.

Settings

SettingDefaultWhat it does
Ma1 period5Period or timeframe used by the calculation
Ma1 typeMODE_EMA
Ma1 pricePRICE_CLOSE
______
Ma2 period21Period or timeframe used by the calculation
Ma2 typeMODE_EMA
Ma2 pricePRICE_CLOSE
____________
M as thre s hold pips15
At rmodetrue
At rperiod50Period or timeframe used by the calculation
At rmultipl0.4How much the lot size grows after a loss
Time frame0Period or timeframe used by the calculation
Note ma typeSMA0 EMA1 SMMA2 LWMA3
Note price0C 1O 2H 3L 4Md 5Tp 6WghC: Md(HL/2)4,Tp(

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Multi-Timeframe (MTF) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria