DWM Ranges 2
DWM Ranges 2 is an indicator for MetaTrader 4 from the Old Kings collection. It has 19 settings, for example Daily Range On (default true), Daily Range Period (default 24) and Weekly Range On (default true). 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 DWM Ranges 2
DWM Ranges 2 is an indicator for MetaTrader 4. It has 19 settings, such as Daily range on, Daily range period and Weekly range on. MQL source code included.
Files in the download: DWMRanges.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Daily range on | true | |
| Daily range period | 24 | Period or timeframe used by the calculation |
| Weekly range on | true | |
| Weekly range period | 24 | Period or timeframe used by the calculation |
| Monthly range on | true | |
| Monthly range period | 24 | Period or timeframe used by the calculation |
| Show comments | true | Comment written on the orders |
| Lines settings | Lines Settings: | |
| D range high color | Salmon | Colour on the chart |
| D range low color | SkyBlue | Colour on the chart |
| W range high color | Crimson | Colour on the chart |
| W range low color | RoyalBlue | Colour on the chart |
| M range high color | Maroon | Colour on the chart |
| M range low color | Navy | Colour on the chart |
| Line style | 0 | |
| Line thickness | 2 | |
| Range labels color | Gray | Colour on the chart |
| Range labels font style | Verdana | |
| Range labels font size | 6 |
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: MT4 Indicator · MQL4 Source Code