Dynamic Zones Polychromatic Momentum 5.13 2
From the Old Kings archive: Dynamic Zones Polychromatic Momentum 5.13 2, an indicator for MetaTrader 4. Judging by its name, it is built around price momentum and price zones drawn on the chart. In the code it works with divergence checks and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Time Frame (default PERIOD_CURRENT), Unique ID (default DZPCM) and Momentum Length (default 20). 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 Dynamic Zones Polychromatic Momentum 5.13 2
Dynamic Zones Polychromatic Momentum 5.13 2 is an indicator for MetaTrader 4 based on Divergence and ATR. It draws buy and sell arrows on the chart, 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, Unique id and Momentum length. MQL source code included.
Files in the download: Dynamic zones Polychromatic momentum 5.13.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | PERIOD_CURRENT | Time frame to use |
| Unique id | DZPCM | Unique ID for the indicator |
| Momentum length | 20 | Momentum length |
| Price | pr_close | Price to use |
| Smooth length | 5 | Smoothing length |
| Smooth phase | 0 | Smoothing phase |
| Dz look back bars | 35 | Dynamic zones look back bars |
| Dz start buy probability | 0.05 | Dynamic zones buy probability |
| Dz start sell probability | 0.05 | Dynamic zones sell probability |
| Color up | clrLimeGreen | Color for up |
| Color down | clrOrangeRed | Color for down |
| Color width | 2 | Bars width |
| Color bars | 1000 | Total bars to draw |
| Divergence visible | false | Divergence visible? |
| Divergence on values visible | true | Divergence on values should be visible? |
| Divergence on chart visible | true | Divergence on chart should be visible? |
| Divergence bullish color | clrLimeGreen | Bullish divergence color |
| Divergence bearish color | clrOrangeRed | Bearish divergence color |
| Divergence alert | true | Divergence should alert? |
| Divergence alerts message | true | Divergence should show alert message? |
| Divergence alerts sound | true | Divergence alerts should play alert sound? |
| Divergence alerts email | false | Divergence alerts should send an email? |
| Divergence alerts notify | false | Divergence alerts should send push notification? |
| Divergence alerts sound name | alert1.wav | Divergence alerts sound file |
| Show arrows | false | Arrows visible? |
| Arrows crosses visible | true | Arrows on outer level cross visible? |
| Arrows reverts visible | true | Arrows on reverts visible? |
| Arrows middle visible | true | Arrows on middle level cross visible? |
| Arrows upper gap | 1.0 | Arrows upper gap |
| Arrows lower gap | 1.0 | Arrows lower gap |
| Arrows up color | clrLimeGreen | Arrows uuper color |
| Arrows dn color | clrOrangeRed | Arrows lower color |
| Arrows up code | 241 | Arrows upper code |
| Arrows dn code | 242 | Arrows lower code |
| Alerts on | false | Turn alerts on? |
| Alerts onob line cross | true | Alert on ob line cross? |
| Alerts onos line cross | true | Alerts on os line cross? |
| Alerts onmi line cross | true | Alerts on middle line cross? |
| Alerts on current | false | Alerts on current (still opened) bar? |
| Alerts message | true | Alerts should display pop-up message? |
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: Momentum · Buy/Sell Arrows · Alerts · Divergence · Multi-Timeframe (MTF) · ATR · MT4 Indicator · MQL4 Source Code