EJ 4H Method
This Old Kings indicator for MetaTrader 4 is called EJ 4H Method. In the code it works with an oscillator. It draws arrows on the chart. It has 6 settings, for example pivots (default true), camarilla (default false) and midpivots (default true). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 4 indicator files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 EJ 4H Method
EJ 4H Method is an indicator for MetaTrader 4 based on Oscillator. It draws buy and sell arrows on the chart. It has 6 settings, such as Pivots, Camarilla and Midpivots. MQL source code included.
Files in the download: EJ_4H dual stoch_Lindsay.tpl, ej_4h.tpl, ej_4h_dual stoch.tpl, ej_4h_dual stoch_wb.tpl, ej_4h_mp.tpl, ej_4h_wb.tpl, ej_4h_wp.tpl, EJ_CandleTime.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Pivots | true | |
| Camarilla | false | |
| Midpivots | true | |
| My period | PERIOD_D1 | Period or timeframe used by the calculation |
| RISK | 3 | Risk per trade (percent of balance) |
| Count bars | 300 |
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: Buy/Sell Arrows · Oscillator · MT4 Indicator · MQL4 Source Code