Jurik Trend Envelopes MTF
This Old Kings indicator for MetaTrader 4 is called Jurik Trend Envelopes MTF. Judging by its name, it is built around moving-average envelopes, following the trend and several timeframes at once. In the code it works with moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 14 settings, for example Time Frame (default Current time frame), Length (default 14) and JMa Shift (default 0). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Jurik Trend Envelopes MTF
Jurik Trend Envelopes MTF is an indicator for MetaTrader 4 based on 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 14 settings, such as Time frame, Length and J ma shift. MQL source code included.
Files in the download: Jurik trend envelopes MTF.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Length | 14 | |
| J ma shift | 0 | Bar shift (0 = current bar) |
| Phase | 0 | |
| Upper price | PRICE_CLOSE | |
| Lower price | PRICE_CLOSE | |
| Deviation | 0.2 | |
| Interpolate | true | |
| _ | alerts settings | |
| Alerts on | false | Turn this alert on or off |
| Alerts on current | false | Turn this alert on or off |
| Alerts message | false | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
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: Channels & Envelopes · Multi-Timeframe (MTF) · Trend · Buy/Sell Arrows · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code