Forex Candle Signal Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Candle Signal Indicator. As the name suggests, the idea behind it is buy / sell signals on the chart. In the code it works with moving averages. It can send alerts. It has 8 settings, for example PIP Difference (default 15), PERIOD (default 240) and IIIIIIIIIIIIIIIIIIIIIIIII (default <<<< Alert TEXT on Scree). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Forex Candle Signal Indicator
Forex Candle Signal Indicator is an indicator for MetaTrader 4 based on Moving Average. It can alert you with a pop-up, sound, email or push message. It has 8 settings, such as Pip difference, Period and Iiiiiiiiiiiiiiiiiiiiiiiii. MQL source code included.
Files in the download: Candle_Signal.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Pip difference | 15 | |
| Period | 240 | 0 = all timeframes |
| Iiiiiiiiiiiiiiiiiiiiiiiii | <<<< Alert TEXT on Screen >>>>>>>>>>>>>> | |
| Show alert text | true | Turn this alert on or off |
| Iiiiiiiiiiiiiiiiiiiiiiiiii | <<<< POP/UP Alert >>>>>>>>>>>>>>>>>>>>>> | |
| Alert on | true | Turn this alert on or off |
| Shift up dn | 0 | Bar shift (0 = current bar) |
| Shift left right | 0 | Bar shift (0 = current bar) |
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: Buy/Sell Arrows · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code