Master Candle V2
Master Candle V2 is an indicator for MetaTrader 4 from the Old Kings collection. This copy is version 2. It can send alerts and marks candlestick patterns. It has 7 settings, for example Min Engulf Candles (default 4), Top Line Color (default Lime) and Bottom Line Color (default Magenta). 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 · v2 · Free
About Master Candle V2
Master Candle V2 is an indicator for MetaTrader 4. It can alert you with a pop-up, sound, email or push message and marks candlestick patterns. It has 7 settings, such as Min engulf candles, Top line color and Bottom line color. MQL source code included.
Files in the download: Master_Candle_v2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Min engulf candles | 4 | |
| Top line color | Lime | Colour on the chart |
| Bottom line color | Magenta | Colour on the chart |
| Line width | 2 | |
| Wait for candle close | true | |
| Ignore wick | false | |
| Sound alert | 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: Alerts · Candlestick Patterns · MT4 Indicator · MQL4 Source Code