IBFX Waves 3
From the Old Kings archive: IBFX Waves 3, an indicator for MetaTrader 4. Judging by its name, it is built around wave counting in the Elliott style. It draws arrows on the chart and can send alerts. It has 7 settings, for example Options (default ===========OPTIONS======), Display Waves (default TRUE) and Display Target (default TRUE). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 IBFX Waves 3
IBFX Waves 3 is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 7 settings, such as Options, Display waves and Display target. MQL source code included.
Files in the download: IBFX - Waves.mq4, ОПИСАНИЕ.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Options | ===========OPTIONS=========== | |
| Display waves | TRUE | |
| Display target | TRUE | |
| Display comment | TRUE | Comment written on the orders |
| Colors | ===========COLORS============ | Colour on the chart |
| Waves | Crimson | |
| Profit target | DarkBlue |
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 · MT4 Indicator · MQL4 Source Code