Indicators Arabian
This Old Kings indicator for MetaTrader 4 is called Indicators Arabian. In the code it works with divergence checks and MACD. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example time Frame (default 0), n Check Bars (default 120) and a1 BP (default 13). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 24 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 Indicators Arabian
Indicators Arabian is an indicator for MetaTrader 4 based on Divergence and MACD. 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 Time frame, N check bars and A1 bp. MQL source code included.
It also shows several symbols in one panel.
Files in the download: 00-A1Div_v100.mq4, 00-Arbitrage.mq4, 00-CciDiv_v103.mq4, 00-HeikinAshiSTF_v100.mq4, 00-MultiHeikinAshiSTF_v100.mq4, 00-PFE_v100.mq4, 00-RCI.mq4, 00-RCICross_v100.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 0 | time frame |
| N check bars | 120 | number of bars to check divergence |
| A1 bp | 13 | |
| A1 smi sp | 21 | Smoothing Periods |
| A1 smi dsp | 2 | Double Smoothing Periods |
| A1 smi sig p | 5 | Signal Periods |
| A1 trend color | true | Colour on the chart |
| A1 type | 0 | 0-1 |
| Div osc err | 4.0 | allowable error along divergence line (oscilator) |
| Div price err | 0.4 | allowable error along divergence line (PPS), iATR(nCheckBars)*err |
| N max bars | 2000 | maximum number of bars to calculate, 0: no limit |
| Sym0 | EURJPY | |
| Pos0 | -1.0 | |
| Sym1 | EURUSD | |
| Pos1 | 1.0 | |
| Sym2 | USDJPY | |
| Pos2 | 1.0 | |
| Cci period | 14 | CCI period |
| T3 period | 4 | T3 smooth period |
| Div mode | MODE_SIGNAL | 0/MODE_MAIN:CCI value 1/MODE_SIGNAL:smoothed value(T3) |
| B show all div | false | show all divergence or above/below leve_hi/lo |
| Level lo | -100 | when bShowAllDiv is true, show divergence only below this level |
| Level hi | 100 | when bShowAllDiv is true, show divergence only above this level |
| B check cross | true | check signal cross |
| B alert cross | false | PlaySound() on signal cross |
| B alert div | false | PlaySound() on divergence |
| B draw obj | true | draw lines on chart/window |
| Window | 0 | specify indicator window explicitly, 0: auto |
| N group bar | 3 | number of bars in group |
| N max group | 200 | maximum number of groups |
| Y offset | 0 | y offset (pips) |
| S ind heikin ashi | 00-HeikinAshiSTF_v100 | |
| N max days | 10 | |
| N long short d1 | 0 | |
| N long short h4 | 0 | |
| N long short h1 | 1 | |
| N long short m30 | 1 | |
| N long short m15 | 1 | |
| N long short m5 | 1 | |
| N up down d1 | 0 |
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 · Divergence · Multi-Timeframe (MTF) · Dashboards & Scanners · MACD · MT4 Indicator · MQL4 Source Code