Forex MTF Resistance Support Indicator
This Old Kings indicator for MetaTrader 4 is called Forex MTF Resistance Support Indicator. Its name points to support / resistance levels and several timeframes at once. In the code it works with fractals. It draws arrows on the chart and can read another timeframe. It has 4 settings, for example showinfo (default false), autoset (default true) and showlines (default false). 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 MTF Resistance Support Indicator
Forex MTF Resistance Support Indicator is an indicator for MetaTrader 4 based on Fractals. It draws buy and sell arrows on the chart and can show data from another timeframe (MTF). It has 4 settings, such as Showinfo, Autoset and Showlines. MQL source code included.
Files in the download: installation manual.txt, MTF_Resistance_Support.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Showinfo | false | |
| Autoset | true | |
| Showlines | false | |
| Time frame1 | 0,TimeFrame2=0,TimeFrame3=0 | Period or timeframe used by the calculation |
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) · Buy/Sell Arrows · Fractals · MT4 Indicator · MQL4 Source Code