Forex CHT Value Arrows Binary Options Strategy
From the Old Kings archive: Forex CHT Value Arrows Binary Options Strategy, an indicator for MetaTrader 4. Its name points to buy / sell signals on the chart. It can send alerts. It has 26 settings, for example VC Period (default 0), VC Num Bars (default 5) and VC Bars2Check (default 500). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 6 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 CHT Value Arrows Binary Options Strategy
Forex CHT Value Arrows Binary Options Strategy is an indicator for MetaTrader 4. It can alert you with a pop-up, sound, email or push message. It has 26 settings, such as Vc period, Vc num bars and Vc bars2 check. MQL source code included.
Files in the download: installation manual.txt, !CHT_Value_chart_v2.5.3 (1).ex4, !CHT_Value_chart_v2.5.3 (1).mq4, BB_Alert Arrows.ex4, Color_Stochastic.ex4, P4L CandleTime.mq4, SixtySecondTrades.ex4, RK12.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Vc period | 0 | Period or timeframe used by the calculation |
| Vc num bars | 5 | |
| Vc bars2 check | 500 | |
| Vc display chart | true | |
| Vc use dynamic sr levels | true | |
| Vc dynamic sr period | 100 | Period or timeframe used by the calculation |
| Vc dynamic sr cut | 0.02 | |
| Vc overbought | 6 | |
| Vc oversold | -6 | |
| Vc alert on | false | Turn this alert on or off |
| Vc alert sr anticipation | 1.0 | Turn this alert on or off |
| Vc up color | Lime | Colour on the chart |
| Vc down color | Red | Colour on the chart |
| Vc wick width | 1 | |
| Vc body width | 4 | |
| Vc resistance color | Red | Colour on the chart |
| Vc support color | Lime | Colour on the chart |
| Text color | Chocolate | Colour on the chart |
| Font size | 10 | |
| Font name | Lucida Console | Was 9,Verdana but spaces were too narrow. Must have fixed font. Alt: Fixedsys |
| Display time by the bar | true | |
| Display time comment | false | Comment written on the orders |
| Text usually above price line | false | |
| Spread factor | 1.0 | 1.0 is normal. If >1, text is farther away from price line. |
| Auto time shift adjust | true | Necessary when used with "P4L PeriodCon.mq4". It adjusts for Symbol() names like: "EURUSD+1H" |
| Adjust weekly time remain by min | 0 | At least one broker's Weekly feed has a flakey error. The weekly bars SAY they begin |
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 · Binary Options · Alerts · MT4 Indicator · MQL4 Source Code