M1 Trend Reversal With P123
This Old Kings indicator for MetaTrader 4 is called M1 Trend Reversal With P123. Judging by its name, it is built around following the trend and reversals against the current move. In the code it works with moving averages, CCI and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Mode Prof (default 1-.,2-), Mode Prof (default 2) and orders (default :). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 30 indicator files 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 M1 Trend Reversal With P123
M1 Trend Reversal With P123 is an indicator for MetaTrader 4 based on Moving Average, CCI and ATR. 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 40 settings, such as Mode prof, Mode prof and Orders. MQL source code included.
Files in the download: 03.tpl, #VISUAL ORDERS_corr.ex4, #VISUAL ORDERS_corr.mq4, All in.ex4, All in.mq4, CandleCountdown.ex4, CandleCountdown.mq4, CCI_2in1_DC.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Mode prof | 1-.,2- | |
| Mode prof | 2 | |
| Orders | : | |
| Type | 0 ,-1 Sell,1 Buy | |
| Type | 0 | |
| Cur orders | true | |
| Lbl size | 1 | |
| Hist orders | true | |
| Show profits | false | |
| Shift profits | 0 | Bar shift (0 = current bar) |
| L show targets | false | |
| Leverage | Leverage | |
| Show leverage | false | |
| Leverage cor | 1 | |
| Leverage x | 20 | |
| Leverage y | 20 | |
| Leverage size | 9 | |
| Leverage color | Orange | Colour on the chart |
| Pus1 | ||
| Margin required | Margin for 0.1 Lot | |
| Show margin required | false | |
| Margin required cor | 1 | |
| Margin required x | 20 | |
| Margin required y | 40 | |
| Margin required size | 9 | |
| Margin required color | CornflowerBlue | Colour on the chart |
| Pus2 | ||
| Margin req all | Lot for All in | |
| Show margin req all | true | |
| Margin req all cor | 1 | |
| Margin req all x | 20 | |
| Margin req all y | 60 | |
| Margin req all size | 12 | |
| Margin req all color | PaleGreen | Colour on the chart |
| Right shift from bar | 4 | Bar shift (0 = current bar) |
| Col | Lime | |
| Cci1 | CCI () | |
| Cci period 1 | 233 | CCI |
| Clr up 1 | PaleGreen | |
| Clr dn 1 | Thistle |
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 · Alerts · Multi-Timeframe (MTF) · Moving Average · CCI · ATR · MT4 Indicator · MQL4 Source Code