Forex Ichimoku Direction Monitor Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Ichimoku Direction Monitor Indicator. Its name points to the Ichimoku Kinko Hyo cloud. In the code it works with Ichimoku. It can send alerts. It has 17 settings, for example Katana Type (default 61), Tenkan Sen (default 9) and Kijun Sen (default 26). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Ichimoku Direction Monitor Indicator
Forex Ichimoku Direction Monitor Indicator is an indicator for MetaTrader 4 based on Ichimoku. It can alert you with a pop-up, sound, email or push message. It has 17 settings, such as Katana type, Tenkan sen and Kijun sen. MQL source code included.
Files in the download: Ichimoku_Monitor.ex4, Ichimoku_Monitor.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Katana type | 61 | |
| Tenkan sen | 9 | |
| Kijun sen | 26 | |
| Senko span | 52 | |
| Text off set from right | 10 | |
| Text off set from top | -45 | |
| Alertof5mn | false | Turn this alert on or off |
| Alertof15mn | false | Turn this alert on or off |
| Alertof30mn | false | Turn this alert on or off |
| Alertof1h | false | Turn this alert on or off |
| Alertof4h | false | Turn this alert on or off |
| Alertofd | false | Turn this alert on or off |
| Alertofw | false | Turn this alert on or off |
| Text color | White | Colour on the chart |
| Bullish text color | Blue | Colour on the chart |
| Bearish text color | Red | Colour on the chart |
| Flat text color | Gold | 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: Ichimoku · Alerts · MT4 Indicator · MQL4 Source Code