Forex YTG Day Candle Indicator
This Old Kings indicator for MetaTrader 4 is called Forex YTG Day Candle Indicator. In the code it works with Ichimoku. It draws arrows on the chart and can read another timeframe. It has 13 settings, for example line Color (default Lavender), Time Frame (default 1440) and coun bars (default 5). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 YTG Day Candle Indicator
Forex YTG Day Candle Indicator is an indicator for MetaTrader 4 based on Ichimoku. It draws buy and sell arrows on the chart and can show data from another timeframe (MTF). It has 13 settings, such as Line color, Time frame and Coun bars. MQL source code included.
Files in the download: installation manual.txt, ytg_Day_candle.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Line color | Lavender | Colour on the chart |
| Time frame | 1440 | Period or timeframe used by the calculation |
| Coun bars | 5 | |
| Comm | false | |
| Asia begin | 01:00 | Hour when trading starts (server time) |
| Asia end | 10:00 | |
| Asia color | C'89,89,89' | Colour on the chart |
| Eur begin | 07:00 | Hour when trading starts (server time) |
| Eur end | 16:00 | |
| Eur color | C'89,89,89' | Colour on the chart |
| Usa begin | 14:00 | Hour when trading starts (server time) |
| Usa end | 23:00 | |
| Usa color | C'89,89,89' | 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: Buy/Sell Arrows · Multi-Timeframe (MTF) · Ichimoku · MT4 Indicator · MQL4 Source Code