Indicator 2
From the Old Kings archive: Indicator 2, an indicator for MetaTrader 4. In the code it works with RSI and moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Number Of Days (default 7), Asia Begin (default 01:00) and Asia End (default 10:00). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 15 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 Indicator 2
Indicator 2 is an indicator for MetaTrader 4 based on RSI and Moving Average. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as Number of days, Asia begin and Asia end. MQL source code included.
It also shows several symbols in one panel.
Files in the download: DYNAMIC TRADE SIZE CALCULATOR.ex4, i-Sessions1.mq4, DYNAMIC PRICE DATA.ex4, DYNAMIC NEWS INDEX.mq4, DYNAMIC HEIKIN ASHI CANDELS.mq4, DYNAMIC MONEYFLOW VOLUME INDEX.mq4, SDX-TzPivots.mq4, DYNAMIC GAINS 1.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Number of days | 7 | |
| Asia begin | 01:00 | Hour when trading starts (server time) |
| Asia end | 10:00 | |
| Asia color | DarkGreen | Colour on the chart |
| Eur begin | 07:00 | Hour when trading starts (server time) |
| Eur end | 16:00 | |
| Eur color | DarkSlateGray | Colour on the chart |
| Usa begin | 14:00 | Hour when trading starts (server time) |
| Usa end | 23:00 | |
| Usa color | Navy | Colour on the chart |
| Show price | True | |
| Cl font | Blue | |
| Size font | 8 | |
| Off set | 10 | |
| Include high | true | |
| Include medium | true | |
| Include low | false | |
| Include speaks | true | news items with "Speaks" in them have different characteristics |
| Alert mins before | -1 | Set to -1 for no Alert |
| Alert mins before2 | -1 | Set to -1 for no Alert |
| Txt size | 10 | |
| Txt color news | DeepSkyBlue | Colour on the chart |
| Txt color impact high | Red | Colour on the chart |
| Txt color impact medium | Orange | Colour on the chart |
| Txt color impact low | Yellow | Colour on the chart |
| Ma period | 1 | Period or timeframe used by the calculation |
| Ma metod | 1 | |
| Step | 0 | Distance between orders |
| Count bars | 4000 | |
| Use t3 | true | |
| B | 0.88 | |
| Alerts | false | Turn this alert on or off |
| X | 1120 | |
| Y | 185 | |
| Corner | 0 | |
| Window | 0 | |
| Local time zone | 0 | |
| Dest time zone | 0 | |
| Line style | 2 | |
| Line thickness | 1 |
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 · Multi-Timeframe (MTF) · Dashboards & Scanners · RSI · Moving Average · MT4 Indicator · MQL4 Source Code