Forex Garch Trading Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Garch Trading Indicator. It can send alerts. It has 4 settings, for example e type data (default PRICE_CLOSE), e reverse data (default 0) and e alpha (default 0.010). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Garch Trading Indicator
Forex Garch Trading Indicator is an indicator for MetaTrader 4. It can alert you with a pop-up, sound, email or push message. It has 4 settings, such as E type data, E reverse data and E alpha. MQL source code included.
Files in the download: GARCH.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| E type data | PRICE_CLOSE | |
| E reverse data | 0 | |
| E alpha | 0.010 | |
| E beta | 0.080 |
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: Alerts · MT4 Indicator · MQL4 Source Code