Dream Catcher Wdh+S&R 2
This Old Kings indicator for MetaTrader 4 is called Dream Catcher Wdh+S&R 2. Judging by its name, it is built around support / resistance levels. In the code it works with RSI and moving averages. It draws arrows on the chart, can send alerts and marks candlestick patterns. It has 40 settings, for example LB (default 3), max Bars For Period (default 1000) and show M01 (default true). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 21 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 Dream Catcher Wdh+S&R 2
Dream Catcher Wdh+S&R 2 is an indicator for MetaTrader 4 based on RSI and Moving Average. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and marks candlestick patterns. It has 40 settings, such as LB, Max bars for period and Show m01. MQL source code included.
It also can show data from another timeframe (MTF).
Files in the download: DREAM CATCHER WDH+S&R\Indicators\# TLB OC v02 mod.mq4, DREAM CATCHER WDH+S&R\Indicators\#Pallada_Assistant 2.mq4, DREAM CATCHER WDH+S&R\Indicators\csDash2020.ex4, DREAM CATCHER WDH+S&R\Indicators\Digital HMA TRICOLOR ZERO Alert NO-REPAINT.mq4, DREAM CATCHER WDH+S&R\Indicators\Digital HULL & Alerts & Arrows.mq4, DREAM CATCHER WDH+S&R\Indicators\Digital HULL OHLC Candle TT.mq4, DREAM CATCHER WDH+S&R\Indicators\Digital SNR SND.mq4, DREAM CATCHER WDH+S&R\Indicators\Digital X-DAILY TARGETS.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| LB | 3 | |
| Max bars for period | 1000 | Period or timeframe used by the calculation |
| Show m01 | true | |
| Show m05 | true | |
| Show m15 | true | |
| Show m30 | true | |
| Show h01 | true | |
| Show h04 | true | |
| Show d01 | true | |
| Show w01 | true | |
| Show mn1 | true | |
| Line width | 1 | |
| Show c | true | |
| Start hour | 0 | Hour when trading starts (server time) |
| End hour | 7 | Hour when trading stops (server time) |
| Pos x | 5 | |
| Pos y | 15 | |
| Corner | 3 | |
| Color common | Khaki | Colour on the chart |
| Color up | DodgerBlue | Colour on the chart |
| Color dn | Red | Colour on the chart |
| Color unkn | Silver | Colour on the chart |
| Period | 16 | Period or timeframe used by the calculation |
| Method | 3 | MODE_SMA |
| Price | 0 | PRICE_CLOSE |
| Sdvig | 0 | |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Alerts mobile | false | Turn this alert on or off |
| Alerts sound file | alert.wav | Turn this alert on or off |
| Signal bar | 0 | |
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Hull period | 12 | Period or timeframe used by the calculation |
| Applied price | PRICE_MEDIAN | |
| Atr period | 12 | Period or timeframe used by the calculation |
| Atr multiplier | 0.66 | How much the lot size grows after a loss |
| Alerts on | false | Turn this alert on or off |
| Alerts on current | false | Turn this alert on or off |
| Alerts message | true | 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: Support & Resistance · Buy/Sell Arrows · Alerts · Candlestick Patterns · Multi-Timeframe (MTF) · RSI · Moving Average · MT4 Indicator · MQL4 Source Code