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Itend Old 2

Itend Old 2 — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses Bollinger Bands. It has 6 settings, for example i Bands Mode 0 2 (default 0), i Power Price 0 6 (default 0) and i Price Type 0 3 (default 0). 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 · v1.0 · Free

About Itend Old 2

Itend Old 2 is an indicator for MetaTrader 4 based on Bollinger Bands. It has 6 settings, such as I bands mode 0 2, I power price 0 6 and I price type 0 3. MQL source code included.

Files in the download: Itend old.mq4.

Settings

SettingDefaultWhat it does
I bands mode 0 20
I power price 0 60
I price type 0 30
I bands period20Period or timeframe used by the calculation
I bands deviation2
I power period14Period or timeframe used by the calculation

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Bollinger Bands · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria