Forex Silver Trend Signal Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Silver Trend Signal Indicator. Its name points to following the trend and buy / sell signals on the chart. It draws arrows on the chart and can send alerts. It has 3 settings, for example RISK (default 3), Count Bars (default 350) and Numberof Alerts (default 2). 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 Silver Trend Signal Indicator
Forex Silver Trend Signal Indicator is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 3 settings, such as RISK, Count bars and Numberof alerts. MQL source code included.
Files in the download: installation manual.txt, SilverTrend_Signal_wq1x_Alert.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| RISK | 3 | Risk per trade (percent of balance) |
| Count bars | 350 | |
| Numberof alerts | 2 | Turn this alert on or off |
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 · Trend · Alerts · MT4 Indicator · MQL4 Source Code