Forex Trend Paint Indicator
From the Old Kings archive: Forex Trend Paint Indicator, an indicator for MetaTrader 4. Judging by its name, it is built around following the trend. In the code it works with moving averages. It can send alerts. It has 8 settings, for example One Method (default 1), One Period (default 15) and One Round (default 0). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Trend Paint Indicator
Forex Trend Paint Indicator is an indicator for MetaTrader 4 based on Moving Average. It can alert you with a pop-up, sound, email or push message. It has 8 settings, such as One method, One period and One round. MQL source code included.
Files in the download: installation manual.txt, Trend_Paint.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| One method | 1 | - One_MA |
| One period | 15 | - One_MA |
| One round | 0 | - Rounding One |
| Two method | 3 | - Rounding Two |
| Two period | 18 | - Rounding Two |
| Two round | 0 | - Rounding Two |
| Sar max | 0.012 | - Parabolic SAR |
| Sar step | 0.004 | - Parabolic SAR |
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: Trend · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code