Finsbury Trend
From the Old Kings archive: Finsbury Trend, an indicator for MetaTrader 4. Judging by its name, it is built around following the trend. In the code it works with the Stochastic oscillator and moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Time Frame (default current time frame), Fast EMA (default 12) and Slow EMA (default 26). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 19 indicator files with source code (.mq4) you can open and edit in MetaEditor and 2 settings files (.set). 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 Finsbury Trend
Finsbury Trend is an indicator for MetaTrader 4 based on Stochastic and Moving Average. 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, Fast ema and Slow ema. MQL source code included.
Files in the download: Finsbury Trend\eurusd-stp-h4-l-f-investment-2.png, Finsbury Trend\Indicator\channel-signal.ex4, Finsbury Trend\Indicator\Deep Bar Indicator.ex4, Finsbury Trend\Indicator\dema macd zones alerts 2.01.ex4, Finsbury Trend\Indicator\dema macd zones alerts 2.01.mq4, Finsbury Trend\Indicator\dema macd zones amp alerts 2.ex4, Finsbury Trend\Indicator\dema macd zones amp alerts 2.mq4, Finsbury Trend\Indicator\dema macd zones amp alerts 2_Sp.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | current time frame | Period or timeframe used by the calculation |
| Fast ema | 12 | |
| Slow ema | 26 | |
| Signal ema | 9 | |
| Price | PRICE_CLOSE | |
| Unique id | MACD zones | |
| Color up | C'165,245,216' | Colour on the chart |
| Color neutral up | C'249,227,225' | Colour on the chart |
| Color down | C'249,200,225' | Colour on the chart |
| Color neutral down | C'216,245,216' | Colour on the chart |
| Max value | 200 | |
| Alerts on | false | Turn this alert on or off |
| Alerts on current | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Dummy | -1 | |
| Length | 26 | |
| Applied price | 0 | |
| Speed | 1.0 | |
| Adaptive | true | |
| Display lines | yyyyyy | |
| Dz look back bars | 35 | |
| Dz start buy probability1 | 0.10 | |
| Dz start buy probability2 | 0.25 | |
| Dz start sell probability1 | 0.10 | |
| Dz start sell probability2 | 0.25 | |
| Alert crosses | yyyyy | Turn this alert on or off |
| K period | 21 | Period or timeframe used by the calculation |
| D period | 12 | Period or timeframe used by the calculation |
| Slowing | 3 | |
| Method | 0 | |
| Price | 0 | |
| Wpr | ||
| Wpr period | 14 | Period or timeframe used by the calculation |
| Zone high per | 70.0 | |
| Zone low per | 30.0 | |
| Modeone | TRUE | |
| Play sound buy | TRUE | Turn this alert on or off |
| Play sound sell | TRUE | 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: Trend · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Stochastic · Moving Average · MT4 Indicator · MQL4 Source Code