Mladen's And Mrtool's Trend Following
From the Old Kings archive: Mladen's And Mrtool's Trend Following, an indicator for MetaTrader 4. Its name points to following the trend. In the code it works with moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Price (default 0), Length (default 20) and TIME FRAMES (default 0). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 12 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 Mladen's And Mrtool's Trend Following
Mladen's And Mrtool's Trend Following is an indicator for MetaTrader 4 based on Moving Average 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 Price, Length and Time frames. MQL source code included.
Files in the download: mladen's and mrtool's trend following indicators system\Averages rainbow 1.04.ex, mladen's and mrtool's trend following indicators system\buzzer.ex4, mladen's and mrtool's trend following indicators system\buzzer.mq4, mladen's and mrtool's trend following indicators system\dema macd zones amp aler, mladen's and mrtool's trend following indicators system\dema macd zones amp aler, mladen's and mrtool's trend following indicators system\Dynamic zones kst & bars, mladen's and mrtool's trend following indicators system\Dynamic zones kst & bars, mladen's and mrtool's trend following indicators system\Dynamic zones kst (mtf + ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Price | 0 | |
| Length | 20 | |
| Time frames | 0 | Period or timeframe used by the calculation |
| Alert on | true | Turn this alert on or off |
| Email on | true | Turn this alert on or off |
| Time frame | current time frame | Period or timeframe used by the calculation |
| Fast ema | 12 | |
| Slow ema | 26 | |
| Signal ema | 9 | |
| Unique id | MACD zones | |
| Color up | C'7,71,49' | Colour on the chart |
| Color neutral up | C'85,22,17' | Colour on the chart |
| Color down | C'98,26,19' | Colour on the chart |
| Color neutral down | C'6,55,38' | Colour on the chart |
| Max value | 200 | |
| Alerts on | false | Turn this alert on or off |
| Alerts on current | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Dummy | -1 | |
| Kst type | 1 | |
| Kst ma type | 1 | |
| Kst signal ma period | 9 | Period or timeframe used by the calculation |
| Smooth phase | 0 | |
| Dz look back bars | 35 | |
| Dz start buy probability | 0.05 | |
| Dz start sell probability | 0.05 | |
| Color unique id | dz kst | Colour on the chart |
| Color width | 2 | Colour on the chart |
| Color bars | 1000 | Colour on the chart |
| Bars visible | true | |
| Width wick | 0 | |
| Width body | 2 | |
| Draw in backgound | false | |
| Alerts on signal cross | true | Turn this alert on or off |
| Alerts on zero cross | true | Turn this alert on or off |
| Alerts on slope | true | Turn this alert on or off |
| Alerts notify | false | Turn this alert on or off |
| Sound file | alert2.wav | 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 · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code