Forex Two Line Custom Signals Indicator
Forex Two Line Custom Signals Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around buy / sell signals on the chart. Its source code uses divergence checks, moving averages and ATR. It has 18 settings, for example Symbol1Name (default EURUSD), Symbol1Reverse (default false) and Symbol2Name (default USDCHF). 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 Two Line Custom Signals Indicator
Forex Two Line Custom Signals Indicator is an indicator for MetaTrader 4 based on Divergence, Moving Average and ATR. It has 18 settings, such as Symbol1 name, Symbol1 reverse and Symbol2 name. MQL source code included.
Files in the download: Ind_2 Line+1.ex4, Ind_2 Line+1.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Symbol1 name | EURUSD | 1 |
| Symbol1 reverse | false | 1 ( ) |
| Symbol2 name | USDCHF | 2 |
| Symbol2 reverse | false | 2 ( ) |
| Misc | == ========== | |
| Use volatility | True | |
| Triangle | True | ? |
| Triangle color | DarkSalmon | Colour on the chart |
| Alert channel more | EMPTY | , |
| Alert channel less | EMPTY | , |
| Vol | == ==== | |
| Vol mode | 3 | |
| Vol period atr | 144 | ATR |
| Ma | == ==== | |
| Ma slow | 21 | |
| Ma fast | 8 | |
| Ma method | 2 | |
| Ma price | 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: Buy/Sell Arrows · Divergence · Moving Average · ATR · MT4 Indicator · MQL4 Source Code