Forex Multi Pair Psar Trend Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Multi Pair Psar Trend Indicator. As the name suggests, the idea behind it is Parabolic SAR and following the trend. In the code it works with moving averages. It can send alerts and can read another timeframe. It has 18 settings, for example Time Frame (default Current time frame), Acc Step (default 0.02) and Acc Limit (default 0.2). 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 · v1.0 · Free
About Forex Multi Pair Psar Trend Indicator
Forex Multi Pair Psar Trend Indicator is an indicator for MetaTrader 4 based on Moving Average. It can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 18 settings, such as Time frame, Acc step and Acc limit. MQL source code included.
Files in the download: installation manual.txt, multi_pair_psar_trend_2.ex4, multi_pair_psar_trend_2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Acc step | 0.02 | Distance between orders |
| Acc limit | 0.2 | |
| Price high | PRICE_HIGH | |
| Price low | PRICE_LOW | |
| Alerts on | false | Turn this alert on or off |
| Alerts on current | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Bars per symbol | 70 | |
| Unique id | Multi pair PSAR | |
| _ | separator colors | |
| Text color | Black | Colour on the chart |
| Back color | LightGray | Colour on the chart |
| Zero cross up color | LimeGreen | Colour on the chart |
| Zero cross down color | HotPink | Colour on the chart |
| Separator width | 6 |
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: Parabolic SAR · Dashboards & Scanners · Trend · Alerts · Multi-Timeframe (MTF) · Moving Average · MT4 Indicator · MQL4 Source Code