Dynamic Zones Absolutestrength Of Averages Diff 5
This Old Kings indicator for MetaTrader 4 is called Dynamic Zones Absolutestrength Of Averages Diff 5. Judging by its name, it is built around price zones drawn on the chart. In the code it works with divergence checks and moving averages. It can send alerts and can read another timeframe. It has 40 settings, for example Time Frame (default Current time frame), Use Rsi (default false) and Length (default 10). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Dynamic Zones Absolutestrength Of Averages Diff 5
Dynamic Zones Absolutestrength Of Averages Diff 5 is an indicator for MetaTrader 4 based on Divergence and Moving Average. It can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as Time frame, Use rsi and Length. MQL source code included.
Files in the download: dynamic_zones_absolutestrength_of_averages_diff_2 (1) (1).mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Use rsi | false | |
| Length | 10 | |
| Signal | 5 | |
| Smooth | 5 | |
| Price | 0 | |
| Ma method | 2 | |
| Dz look back bars | 35 | |
| Dz start buy probability | 0.05 | |
| Dz start sell probability | 0.05 | |
| Color up | LimeGreen | Colour on the chart |
| Color down | Red | Colour on the chart |
| Color unique id | DZ AbsoluteStrength Diff color | Colour on the chart |
| Color width | 2 | Colour on the chart |
| Color bars | 1000 | Colour on the chart |
| Divergence visible | false | |
| Divergence on values visible | true | |
| Divergence on chart visible | true | |
| Divergence bullish color | LimeGreen | Colour on the chart |
| Divergence bearish color | PaleVioletRed | Colour on the chart |
| Divergence unique id | DZ AbsoluteStrength Diff | |
| Divergence alert | true | Turn this alert on or off |
| Divergence alerts message | true | Turn this alert on or off |
| Divergence alerts sound | true | Turn this alert on or off |
| Divergence alerts email | false | Turn this alert on or off |
| Divergence alerts notify | false | Turn this alert on or off |
| Divergence alerts sound name | alert1.wav | Turn this alert on or off |
| Bars visible | true | |
| Width wick | 0 | |
| Width body | 2 | |
| Draw in backgound | false | |
| _ | Alerts Settings | |
| Alerts on | true | Turn this alert on or off |
| Alerts onob line cross | true | Turn this alert on or off |
| Alerts onos line cross | true | Turn this alert on or off |
| Alerts onzero line cross | true | 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 |
| Alerts sound | true | Turn this alert on or off |
| Alerts email | 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: Alerts · Divergence · Multi-Timeframe (MTF) · Moving Average · MT4 Indicator · MQL4 Source Code