Kenox Binary Indicator 5
This Old Kings indicator for MetaTrader 4 is called Kenox Binary Indicator 5. In the code it works with MACD, moving averages and ADX. It draws arrows on the chart, can send alerts and can read another timeframe. It has 24 settings, for example arrow Size ADX (default 2), arrow Size (default 1) and ADXPeriod (default 13). 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 Kenox Binary Indicator 5
Kenox Binary Indicator 5 is an indicator for MetaTrader 4 based on MACD, Moving Average and ADX. 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 24 settings, such as Arrow size adx, Arrow size and Adx period. MQL source code included.
Files in the download: KENOX Binary Indicator .mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Arrow size adx | 2 | |
| Arrow size | 1 | |
| Adx period | 13 | Period or timeframe used by the calculation |
| Time color | Black | Colour on the chart |
| Clock moving | true | |
| Clock corner | true | |
| Clock size | 12 | |
| Clock color | Black | Colour on the chart |
| Bar closing color | Black | Colour on the chart |
| Time frame | 0 | 15|30|60|240|1440|10080|43200|0 : current TimeFrame. |
| Alarm sound | ("Alert.wav") | Turn this alert on or off |
| Fast ema | 12 | |
| Slow ema | 26 | |
| Signal sma | 9 | |
| Periode wpr | 5 | Number of bars in the calculation |
| Period ma slow | 120 | Number of bars in the calculation |
| Period ma fast | 65 | Number of bars in the calculation |
| Low ceil wpr | -83 | |
| High ceil wpr | -17 | |
| Ceil adx | 65 | |
| Enable os mawpr | true | |
| Enable smawpr | false | |
| Enable adx | true | |
| Enable sound | true | 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: Binary Options · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · MACD · Moving Average · ADX · MT4 Indicator · MQL4 Source Code