Forex Cat FX50 Buy Sell Indicator
Forex Cat FX50 Buy Sell Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses moving averages, ATR and the Stochastic oscillator. It draws arrows on the chart and can send alerts. It has 7 settings, for example confirm Step MA Bars (default 2), Trade Time From (default 0) and Trade Time To (default 24). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 2 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 Forex Cat FX50 Buy Sell Indicator
Forex Cat FX50 Buy Sell Indicator is an indicator for MetaTrader 4 based on Moving Average, ATR and Stochastic. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 7 settings, such as Confirm step ma bars, Trade time from and Trade time to. MQL source code included.
Files in the download: CatFX50.mq4, installation manual.txt, StepMA_Stoch_v1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Confirm step ma bars | 2 | Distance between orders |
| Trade time from | 0 | |
| Trade time to | 24 | |
| Alert on | 0 | ON=1,OFF=0 |
| Period watr | 10 | Number of bars in the calculation |
| Kwatr | 1.0000 | |
| High low | 0 |
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 · ATR · Stochastic · MT4 Indicator · MQL4 Source Code