Forex MTF Custom Candle Indicator
This Old Kings indicator for MetaTrader 4 is called Forex MTF Custom Candle Indicator. As the name suggests, the idea behind it is several timeframes at once. It marks candlestick patterns and can read another timeframe. It has 6 settings, for example Time Frame (default 60), Up Candle (default clrLime) and Dn Candle (default clrRed). 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 MTF Custom Candle Indicator
Forex MTF Custom Candle Indicator is an indicator for MetaTrader 4. It marks candlestick patterns and can show data from another timeframe (MTF). It has 6 settings, such as Time frame, Up candle and Dn candle. MQL source code included.
Files in the download: installation manual.txt, MTF_CustomCandlebHLd.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 60 | Period or timeframe used by the calculation |
| Up candle | clrLime | |
| Dn candle | clrRed | |
| Doji color | clrBlue | Colour on the chart |
| Width | 1 | |
| Bg candle | false |
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: Multi-Timeframe (MTF) · Candlestick Patterns · MT4 Indicator · MQL4 Source Code