Forex Price Action V4 Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Price Action V4 Indicator. Its name points to price action (reading the candles themselves). The file name marks it as version 4. It marks candlestick patterns. It has 40 settings, for example A1 (default ======= =========), A1 1 (default ) and show Pattern Description (default false). 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 · v4 · Free
About Forex Price Action V4 Indicator
Forex Price Action V4 Indicator is an indicator for MetaTrader 4. It marks candlestick patterns. It has 40 settings, such as A1, A1 1 and Show pattern description. MQL source code included.
Files in the download: installation manual.txt, PriceAction_v4.ex4, PriceAction_v4.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| A1 | ======= ========= | |
| A1 1 | ||
| Show pattern description | false | |
| A2 | ||
| Text size | 7 | |
| A3 | ||
| Text color | White | Colour on the chart |
| A4 | ||
| Font name | Tahoma | |
| A5 | ======================================== | |
| A6 | ======= ========= | |
| A7 | / | |
| Show i bpattern | true | |
| A8 | / | |
| Alert i bpattern | true | Turn this alert on or off |
| Sound i bpattern | AG_SoundLevel_1.wav | Turn this alert on or off |
| A9 | IB | |
| Color ib | DarkOrchid | Colour on the chart |
| A10 | ======================================== | |
| A11 | ======= DBHLC DBLHC ========= | |
| A12 | / | |
| Show d bpattern | true | |
| A13 | / | |
| Alert d bpattern | true | Turn this alert on or off |
| Sound d bpattern | AG_SoundLevel_2.wav | Turn this alert on or off |
| A14 | , | |
| Equal pips db | 3 | |
| A15 | DB | |
| Color dblhc | Blue | Colour on the chart |
| Color dbhlc | Red | Colour on the chart |
| A16 | ======================================== | |
| A17 | ======= TBH TBL ========= | |
| A18 | / | |
| Show t bpattern | true | |
| A19 | / | |
| Alert t bpattern | true | Turn this alert on or off |
| Sound t bpattern | AG_SoundLevel_3.wav | Turn this alert on or off |
| A20 | , | |
| Equal pips tb | 3 | |
| A21 | TB |
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: Price Action · Candlestick Patterns · MT4 Indicator · MQL4 Source Code