Max Trend Binary 2
Max Trend Binary 2 is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is following the trend. Its source code uses the Stochastic oscillator, moving averages and Bollinger Bands. It draws arrows on the chart, can send alerts and can read another timeframe. It has 33 settings, for example Time Frame (default Current), TMAPeriod (default 17) and Price (default PRICE_CLOSE). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 18 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 Max Trend Binary 2
Max Trend Binary 2 is an indicator for MetaTrader 4 based on Stochastic, Moving Average and Bollinger Bands. 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 33 settings, such as Time frame, Tma period and Price. MQL source code included.
Files in the download: ! mth_FastTMALine.ex4, ! mth_FastTMALine.mq4, ! Puls.ex4, ! Puls.mq4, BBand Stop Alert.ex4, BBand Stop Alert.mq4, BrainTrend2SigALERT.ex4, BrainTrend2SigALERT.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current | Period or timeframe used by the calculation |
| Tma period | 17 | Period or timeframe used by the calculation |
| Price | PRICE_CLOSE | |
| Atr multiplier | 1.7 | How much the lot size grows after a loss |
| Atr period | 100 | Period or timeframe used by the calculation |
| Trend threshold | 0.25 | |
| Show center line | true | |
| Alerts on | false | Turn this alert on or off |
| Alerts message | false | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Move endpoint every tick | false | |
| Max bars back | 5000 | |
| K | 5 | |
| D | 11 | |
| Slow | 11 | |
| Avg meth | 0 | |
| Price | 1 | |
| Flat | 0.004 | |
| Length | 6 | Bollinger Bands Period |
| Deviation | 2 | Deviation was 2 |
| Money risk | 1.00 | Offset Factor |
| Signal | 1 | Display signals mode: 1-Signals & Stops; 0-only Stops; 2-only Signals; |
| Line | 1 | Display line mode: 0-no,1-yes |
| Nbars | 1000 | |
| Sound on | true | Turn this alert on or off |
| Num bars | 500 | |
| Enable alerts | 1 | Turn this alert on or off |
| Signal id | 0 | |
| Repeat signals | false | |
| Count bars | 250 | |
| Email on | false | Turn this alert on or off |
| Alert on | 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: Trend · Binary Options · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Stochastic · Moving Average · Bollinger Bands · MT4 Indicator · MQL4 Source Code