Forex Multi Function Price Indicator
From the Old Kings archive: Forex Multi Function Price Indicator, an indicator for MetaTrader 4. In the code it works with moving averages, Bollinger Bands and Parabolic SAR. It draws arrows on the chart. It has 30 settings, for example paire (default EURGBP), Time frime (default 0) and Show SAR (default 1). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Multi Function Price Indicator
Forex Multi Function Price Indicator is an indicator for MetaTrader 4 based on Moving Average, Bollinger Bands and Parabolic SAR. It draws buy and sell arrows on the chart. It has 30 settings, such as Paire, Time frime and Show sar. MQL source code included.
Files in the download: installation manual.txt, Paires_V_5.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Paire | EURGBP | |
| Time frime | 0 | |
| Show sar | 1 | |
| Step | 0.02 | Distance between orders |
| Maximum | 0.2 | |
| Color sar | Red | Colour on the chart |
| Show bb | 1 | |
| Bands period | 20 | Period or timeframe used by the calculation |
| Bands deviations | 2.0 | |
| Color bb | Black | Colour on the chart |
| Show ma 1 | 1 | |
| Prd 1 | 34 | |
| Price | CLOSE | |
| Ma style | EMA | |
| Color ma1 | Black | Colour on the chart |
| Show ma 2 | 1 | |
| Prd 2 | 34 | |
| Price ma2 | HIGH | |
| Ma style ma2 | EMA | |
| Color ma2 | Black | Colour on the chart |
| Show ma 3 | 1 | |
| Prd 3 | 34 | |
| Price ma3 | LOW | |
| Ma style ma3 | EMA | |
| Color ma3 | Black | Colour on the chart |
| Up | Green | |
| Down | Red | |
| Ligne prix | Black | |
| Corps | 3 | |
| Meches | 1 |
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: Buy/Sell Arrows · Moving Average · Bollinger Bands · Parabolic SAR · MT4 Indicator · MQL4 Source Code