Forex Four Trendlines Indicator
Forex Four Trendlines Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to automatic trendlines. It can send alerts. It has 15 settings, for example Server Local Time Diff (default 10), Apply To Open (default false) and Friday Close Hour (default 1pm). 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 Four Trendlines Indicator
Forex Four Trendlines Indicator is an indicator for MetaTrader 4. It can alert you with a pop-up, sound, email or push message. It has 15 settings, such as Server local time diff, Apply to open and Friday close hour. MQL source code included.
Files in the download: 4_Trendline_v3-MKS.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Server local time diff | 10 | |
| Apply to open | false | |
| Friday close hour | 1pm | |
| Tl 1 start time | 2:45pm | 2:45pm(PST) 5:45pm(EST) |
| Tl 1 end time | 9:15pm | 9:15pm(PST) 12:15am(EST) |
| Tl 2 start time | 2:45pm | 2:45pm(PST) 5:45pm(EST) |
| Tl 2 end time | 11:45pm | 11:45pm(PST) 2:45am(EST) |
| Tl 3 start time | 12:15am | 12:15am(PST) 3:15am(EST) |
| Tl 3 end time | 5:15am | 5:15am(PST) 8:15am(EST) |
| Tl 4 start time | 5:15am | 5:15am(PST) 8:15am(EST) |
| Tl 4 end time | 11:15am | 11:15am(PST) 2:15pm(EST) |
| First color | DodgerBlue | Colour on the chart |
| Second color | Goldenrod | Colour on the chart |
| Third color | Salmon | Colour on the chart |
| Fourth color | Violet | Colour on the chart |
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 · MT4 Indicator · MQL4 Source Code