Follow The Candles
This Old Kings indicator for MetaTrader 4 is called Follow The Candles. It has 19 settings, for example Starting Hour (default 0), Section1 (default --- Time Frames ---) and Periods To Watch (default H1,H4,D1). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 3 indicator files 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 Follow The Candles
Follow The Candles is an indicator for MetaTrader 4. It has 19 settings, such as Starting hour, Section1 and Periods to watch. MQL source code included.
Files in the download: Follow The Candles EA.ex4, Trend indicator_LuXingMod_AUD.ex4, Trend indicator_LuXingMod_AUD.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Starting hour | 0 | |
| Section1 | --- Time Frames --- | |
| Periods to watch | H1,H4,D1 | Time Frames to display are user defined |
| Section3 | --- Text and Color --- | |
| Text size | 11 | |
| Text color | White | Colour on the chart |
| Text color1 | White | Colour on the chart |
| Trend size | 22 | |
| Step x | 20 | Distance between orders |
| Step y | 19 | Distance between orders |
| Up color | Lime | Colour on the chart |
| Dn color | Red | Colour on the chart |
| Font type | Arial | "Lucida Sans Unicode"; |
| Section4 | --- Position --- | |
| Corner | 1 | |
| Display starts x | 1400 | |
| Display starts y | 20 | |
| Section5 | --- Other Options --- | |
| Pairs to watch | AUDCAD,AUDCHF,AUDJPY,AUDNZD,AUDUSD,EURAU |
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: MT4 Indicator · MQL4 Source Code