Follow The Trend
This Old Kings indicator for MetaTrader 4 is called Follow The Trend. As the name suggests, the idea behind it is following the trend. It draws arrows on the chart. It has 9 settings, for example Period1 (default 5), Period2 (default 13) and Period3 (default 34). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 4 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 Trend
Follow The Trend is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart. It has 9 settings, such as Period1, Period2 and Period3. MQL source code included.
Files in the download: Follow the trend\3_Level_ZZ_Semafor.mq4, Follow the trend\Follow the trend.JPG, Follow the trend\Follow the trend.tpl, Follow the trend\freescalpingindicator.ex4, Follow the trend\MAX_OBOS Oscillator.ex4, Follow the trend\PinkishTrend.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Period1 | 5 | Number of bars in the calculation |
| Period2 | 13 | Number of bars in the calculation |
| Period3 | 34 | Number of bars in the calculation |
| Dev step 1 | 1,3 | Distance between orders |
| Dev step 2 | 8,5 | Distance between orders |
| Dev step 3 | 21,12 | Distance between orders |
| Symbol 1 kod | 140 | |
| Symbol 2 kod | 141 | |
| Symbol 3 kod | 142 |
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 · MT4 Indicator · MQL4 Source Code