Forex Vilka Fractals Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Vilka Fractals Indicator. Judging by its name, it is built around Bill Williams fractals (swing highs / lows). In the code it works with fractals. It draws arrows on the chart and can send alerts. It has 5 settings, for example Lines (default 20), Fractals True (default true) and Alert True (default true). 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 Vilka Fractals Indicator
Forex Vilka Fractals Indicator is an indicator for MetaTrader 4 based on Fractals. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 5 settings, such as Lines, Fractals true and Alert true. MQL source code included.
Files in the download: Ind_VilkaFractals_v1_2.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Lines | 20 | / |
| Fractals true | true | / |
| Alert true | true | / |
| Lines color up | Blue | Colour on the chart |
| Lines color down | Red | Colour on the chart |
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: Fractals · Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code