Elliott Waves
From the Old Kings archive: Elliott Waves, an indicator for MetaTrader 4. Judging by its name, it is built around wave counting in the Elliott style. In the code it works with MACD and fractals. It draws arrows on the chart. It has 1 setting, for example __ (default true). 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 Elliott Waves
Elliott Waves is an indicator for MetaTrader 4 based on MACD and Fractals. It draws buy and sell arrows on the chart. It has 1 setting, such as __. MQL source code included.
Files in the download: Elliott_Waves.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| __ | true |
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: Elliott Wave · Buy/Sell Arrows · MACD · Fractals · MT4 Indicator · MQL4 Source Code