Forex MA Parabolic Alert V2 Indicator
Forex MA Parabolic Alert V2 Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to moving averages, Parabolic SAR and alerts. This copy is version 2. Its source code uses moving averages. It draws arrows on the chart and can send alerts. It has 6 settings, for example MA (default 24), MA Mode (default 2) and MA Price (default 0). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 · v2 · Free
About Forex MA Parabolic Alert V2 Indicator
Forex MA Parabolic Alert V2 Indicator is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 6 settings, such as MA, Ma mode and Ma price. MQL source code included.
Files in the download: installation manual.txt, Ma_Parabolic_Alert_2.ex4, Ma_Parabolic_Alert_2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| MA | 24 | Period MA |
| Ma mode | 2 | 0=sma, 1=ema, 2=smma, 3=lwma |
| Ma price | 0 | 0-CLOSE,1-OPEN,2-HIGH,3-LOW,4-MEDIAN,5-TYPICAL,6-WEIGHTED |
| Step | 0.02 | Distance between orders |
| Maximum | 0.08 | |
| Alert sound | true | Turn this alert on or off |
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: Moving Average · Parabolic SAR · Alerts · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code