En Light Channel Draw 2.01
This Old Kings script for MetaTrader 4 is called En Light Channel Draw 2.01. As the name suggests, the idea behind it is price channels. It has 6 settings, for example Colour (default Cyan), Colour True (default LawnGreen) and Colour False (default Red). Scripts run once when you drop them on a chart; try it on a demo account first. 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.
Script · MT4 · v1.0 · Free
About En Light Channel Draw 2.01
En Light Channel Draw 2.01 is a script for MetaTrader 4. It has 6 settings, such as Colour, Colour true and Colour false. MQL source code included.
Files in the download: enLight_Channel_Draw_2_01.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Colour | Cyan | Colour on the chart |
| Colour true | LawnGreen | Colour on the chart |
| Colour false | Red | Colour on the chart |
| Clear pole | false | |
| Bars for fract | 0 | |
| Sleep bars | 2 |
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 → Scripts.
- 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 script onto a chart to run it once.
Tags: Channels & Envelopes · MT4 Indicator · MQL4 Source Code