Forex Tangoline Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Tangoline Indicator. It draws arrows on the chart. It has 2 settings, for example Period (default 20) and Reversal Noise Filter (default 5). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Tangoline Indicator
Forex Tangoline Indicator is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart. It has 2 settings, such as Period and Reversal noise filter. MQL source code included.
Files in the download: tangoline-indicator.mq4, tangoline-indicator.ex4, FREE TRADING SYSTEMS AND INDICATORS.url, Forex Tangoline Indicator.png.
Settings
| Setting | Default | What it does |
|---|---|---|
| Period | 20 | Channel Period |
| Reversal noise filter | 5 | NoiseFilter (Minimam Reversal Spread) |
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 · MT4 Indicator · MQL4 Source Code