Grid V1 0 Alerter
From the Old Kings archive: Grid V1 0 Alerter, an indicator for MetaTrader 4. Judging by its name, it is built around a grid of orders at fixed price steps. The file name marks it as version 1.0. It has 8 settings, for example HLine (default DimGray), HLine2 (default DarkGreen) and Alert Band (default 10). 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 · Free
About Grid V1 0 Alerter
Grid V1 0 Alerter is an indicator for MetaTrader 4. It has 8 settings, such as H line, H line2 and Alert band. MQL source code included.
Files in the download: Grid_v1_0_Alerter.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| H line | DimGray | Color of grid |
| H line2 | DarkGreen | Every 100 pips, change grid color to this. |
| Alert band | 10 | NOTE: Enter the number of pips from the gridline that you want the Alert to activate. |
| Grid time | 15 | Number of periods (days or weeks) to draw time grid |
| Time grid | PERIOD_H4 | Grid period in minutes |
| Color hour | 16 | For hour grids, draw color line at this hour (broker time) |
| Time line | DimGray | Color of grid |
| Time line2 | DarkGreen | Color of special bars |
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: Grid · MT4 Indicator · MQL4 Source Code