LGP Ivanoff Maloma Demark Levels
From the Old Kings archive: LGP Ivanoff Maloma Demark Levels, an indicator for MetaTrader 4. It draws arrows on the chart. It has 4 settings, for example n Bars (default 1000), color1 (default Red) and color2 (default Orange). 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 · v1.0 · Free
About LGP Ivanoff Maloma Demark Levels
LGP Ivanoff Maloma Demark Levels is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart. It has 4 settings, such as N bars, Color1 and Color2. MQL source code included.
Files in the download: LGP_Ivanoff_Maloma-Demark_Levels.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| N bars | 1000 | |
| Color1 | Red | Colour on the chart |
| Color2 | Orange | Colour on the chart |
| Width h l | 0 |
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 · MT4 Indicator · MQL4 Source Code