Karl Dittmann 2
This Old Kings indicator for MetaTrader 4 is called Karl Dittmann 2. In the code it works with MACD, RSI, the Stochastic oscillator and moving averages. It draws arrows on the chart and can send alerts. It has 40 settings, for example ATRPeriod (default 10), Number Of Days (default 50) and period Begin (default 06:00). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 63 indicator files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 Karl Dittmann 2
Karl Dittmann 2 is an indicator for MetaTrader 4 based on MACD, RSI, Stochastic and Moving Average. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 40 settings, such as Atr period, Number of days and Period begin. MQL source code included.
Files in the download: Karl Dittmann\100pipsdailyscalper4.ex4, Karl Dittmann\100pipsdailyscalper5.ex4, Karl Dittmann\100pipsfxgainer4.ex4, Karl Dittmann\100pipsfxgainer5.ex4, Karl Dittmann\ama.ex4, Karl Dittmann\atr_levels.mq4, Karl Dittmann\autofibophenomenon.ex4, Karl Dittmann\autofibophenomenon.tpl ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Atr period | 10 | Period or timeframe used by the calculation |
| Number of days | 50 | |
| Period begin | 06:00 | Hour when trading starts (server time) |
| Period end | 08:00 | Number of bars in the calculation |
| Box end | 20:00 | |
| Box break out offset | 5 | |
| Box hl color | Navy | Colour on the chart |
| Box break out color | RoyalBlue | Colour on the chart |
| Box period color | OrangeRed | Number of bars in the calculation |
| Num bars | 500 | |
| DAYS | 5 | |
| Viscosity | 7 | |
| Sedimentation | 50 | |
| Threshold level | 1.1 | |
| Lag supressor | true | |
| Alerts on | false | Line added. Default is true. |
| Ad xperiod1 | 10 | Number of bars in the calculation |
| Ad xperiod2 | 14 | Number of bars in the calculation |
| Ad xperiod3 | 20 | Number of bars in the calculation |
| Faster ma | 5 | |
| Faster mode | 1 | 0 = sma, 1 = ema, 2 = smma, 3 = lwma |
| Medium ma | 10 | |
| Medium mode | 1 | 0 = sma, 1 = ema, 2 = smma, 3 = lwma |
| Slower ma | 34 | |
| Slower mode | 1 | 0 = sma, 1 = ema, 2 = smma, 3 = lwma |
| Faster ema | 5 | |
| Slower ema | 6 | |
| Cci period | 14 | Period or timeframe used by the calculation |
| T3 period | 5 | Period or timeframe used by the calculation |
| B | 0.618 | |
| Fast ema | 8 | |
| Slow ema | 17 | |
| Signal sma | 9 | |
| Show major trend | true | |
| Ma power | true | MA Indicator Strength ON/OFF |
| Macd power | false | MACD Indicator Strength ON/OFF |
| Stochastic power | false | Stochastic Indicator Strength ON/OFF |
| Ma fast | 13 | default indicator values |
| Ma slow | 21 | |
| Macd fast | 12 |
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 · MACD · RSI · Stochastic · Moving Average · MT4 Indicator · MQL4 Source Code