Forex Direction Trend Line Indicator
From the Old Kings archive: Forex Direction Trend Line Indicator, an indicator for MetaTrader 4. Judging by its name, it is built around automatic trendlines and following the trend. In the code it works with MACD and moving averages. It can send alerts. It has 6 settings, for example Sound Alerts (default true), Msg Alerts (default true) and e Mail Alerts (default false). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Direction Trend Line Indicator
Forex Direction Trend Line Indicator is an indicator for MetaTrader 4 based on MACD and Moving Average. It can alert you with a pop-up, sound, email or push message. It has 6 settings, such as Sound alerts, Msg alerts and E mail alerts. MQL source code included.
Files in the download: ForexLine_update_03.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Sound alerts | true | Turn this alert on or off |
| Msg alerts | true | Turn this alert on or off |
| E mail alerts | false | Turn this alert on or off |
| Sound alert file | alert.wav | Turn this alert on or off |
| Forex line color1 | clrBlue | Line Up |
| Forex line color2 | clrWhite | Line Down |
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 · Alerts · MACD · Moving Average · MT4 Indicator · MQL4 Source Code