Lab Trend3 V1
Lab Trend3 V1 is an indicator for MetaTrader 4 from the Old Kings collection. This copy is version 1. Its source code uses ATR. It draws arrows on the chart. It has 3 settings, for example Risk (default 3), Money Risk (default 2.0) and Bars Number (default 1000). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 · Free
About Lab Trend3 V1
Lab Trend3 V1 is an indicator for MetaTrader 4 based on ATR. It draws buy and sell arrows on the chart. It has 3 settings, such as Risk, Money risk and Bars number. MQL source code included.
Files in the download: LabTrend3_v1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Risk | 3 | Sensivity Factor |
| Money risk | 2.0 | Offset Factor |
| Bars number | 1000 |
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: Trend · Buy/Sell Arrows · ATR · MT4 Indicator · MQL4 Source Code