Money Making
Money Making is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 25 settings, for example Price (default 0), Length (default 15) and Displace (default 0). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 7 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 Money Making
Money Making is an indicator for MetaTrader 4 based on Moving Average. 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 25 settings, such as Price, Length and Displace. MQL source code included.
Files in the download: ! IN10TION NewsReader v09.99h lite.ex4, NonLagMA_v7.1_EmailAlert.ex4, NonLagMA_v7.1_EmailAlert.mq4, SSL_fast_sBar_alert_mtf.ex4, SSL_fast_sBar_alert_mtf.mq4, StepStopExpert_v1.1.ex4, StepStopExpert_v1.1.mq4, ScreenShot.jpg ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Price | 0 | Apply to Price(0-Close;1-Open;2-High;3-Low;4-Median price;5-Typical price;6-Weighted Close) |
| Length | 15 | Period of NonLagMA |
| Displace | 0 | DispLace or Shift |
| Pct filter | 0 | Dynamic filter in decimal |
| Color | 1 | Switch of Color mode (1-color) |
| Color bar back | 1 | Bar back for color mode |
| Deviation | 0 | Up/down deviation |
| Alert mode | 0 | Sound Alert switch (0-off,1-on) |
| Warning mode | 0 | Sound Warning switch(0-off,1-on) |
| Send alert email | false | Turn this alert on or off |
| Lb | 3 | |
| Ssl ma method | 0 | |
| Ssl bar level | 50 | BarLevel 10-90 |
| Alerts on | false | Turn this alert on or off |
| Alerts message box | false | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts sound file | TP1M.wav | enterSoundFile |
| Alerts email | false | Turn this alert on or off |
| Alerts after bar close | false | Turn this alert on or off |
| Time frame | 0 | Period or timeframe used by the calculation |
| Ma method | SMA0 EMA1 SMMA2 LWMA3 | |
| Initial stop | 30 | |
| Break even | 20 | Profit Lock in pips |
| Step size | 5 | Distance between orders |
| Min distance | 10 | Distance between orders |
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 · Alerts · Multi-Timeframe (MTF) · Moving Average · MT4 Indicator · MQL4 Source Code