Fratelli Intraday Trading System
Fratelli Intraday Trading System — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses MACD, moving averages and ATR. It draws arrows on the chart and can send alerts. It has 33 settings, for example Fast Len (default 12), Slow Len (default 26) and Length (default 10). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 5 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 Fratelli Intraday Trading System
Fratelli Intraday Trading System is an indicator for MetaTrader 4 based on MACD, Moving Average and ATR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 33 settings, such as Fast len, Slow len and Length. MQL source code included.
Files in the download: Fratelli Intraday Trading System\Description Fratelli Intraday Trading System.ur, Fratelli Intraday Trading System\MQL4\Indicators\Fratelli_BB_MACD_V1.mq4, Fratelli Intraday Trading System\MQL4\Indicators\Fratelli_Line_MACD.mq4, Fratelli Intraday Trading System\MQL4\Indicators\Fratelli_MAIN_v1.3.mq4, Fratelli Intraday Trading System\MQL4\Indicators\MA in Color.mq4, Fratelli Intraday Trading System\MQL4\Indicators\Period_Converter_Opt.mq4, Fratelli Intraday Trading System\templates\fratelli-intraday-trading-system.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast len | 12 | |
| Slow len | 26 | |
| Length | 10 | |
| Bars count | 400 | |
| St dv | 2.5 | |
| Buff | 0.1 | |
| Alerts on | true | Turn this alert on or off |
| Alerts message box | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts sound file | TP1M.wav | enterSoundFile |
| Alerts email | false | Turn this alert on or off |
| Alerts after bar close | true | Turn this alert on or off |
| Fast ema | 12 | |
| Slow ema | 26 | |
| Signal sma | 9 | |
| Buffersize | 0.5 | |
| Max bars | 300 | |
| Number of days | 5 | |
| Begin1 | 06:50 | Hour when trading starts (server time) |
| End1 | 17:00 | |
| Clr1 | DarkGray | |
| Color 2buy | Blue | Colour on the chart |
| Color 3sell | Yellow | Colour on the chart |
| Alertall | true | Turn this alert on or off |
| Ma period | 14 | Period or timeframe used by the calculation |
| Ma type | 1 | |
| Version | 1.4 | code version |
| Build info | 2005.12.24 by wfy05@talkforex.com | |
| Period multiplier | 2 | new period multiplier factor |
| Output csv file | 0 | also output CSV file? |
| Update interval | 0 | update interval in milliseconds, zero means update real-time. |
| Enabled | true | |
| Debug | false |
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 · Alerts · MACD · Moving Average · ATR · MT4 Indicator · MQL4 Source Code