Monster
This Old Kings indicator for MetaTrader 4 is called Monster. In the code it works with moving averages, Bollinger Bands and Momentum. It can send alerts. It has 23 settings, for example S1 (default Настройки индикатора), count highest (default 100) and count lowest (default 100). Load it on a demo chart and check whether its signals repaint before trusting them. 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 · v1.0 · Free
About Monster
Monster is an indicator for MetaTrader 4 based on Moving Average, Bollinger Bands and Momentum. It can alert you with a pop-up, sound, email or push message. It has 23 settings, such as S1, Count highest and Count lowest. MQL source code included.
Files in the download: Monster.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| S1 | Настройки индикатора | |
| Count highest | 100 | Число элементов High |
| Count lowest | 100 | Число элементов Low |
| Distance | 100 | Минимальная дистанция между верхней и нижней линией BB |
| Applied price | PRICE_CLOSE | Применить к |
| S2 | Настройки Momentum | |
| Momentum period | 14 | Период |
| Momentum level | 100 | Уровень |
| S3 | Настройки Moving Average | |
| Ma period | 14 | Период |
| Ma shift | 0 | Сдвиг |
| Ma method | MODE_SMA | Метод MA |
| S4 | Настройки Bollinger Bands | |
| Bb period | 14 | Период |
| Bb deviation | 2 | Отклонения |
| Bb shift | 0 | Сдвиг |
| S5 | Настройки графики | |
| Counted bars | 1000 | Подсчет баров |
| S6 | Настройки звука | |
| Sound file | alert.wav | Звуковой файл |
| Use sound | true | Использование звука |
| Use notification | false | Использование телефона |
| Use mail | false | Использование почты |
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 · Moving Average · Bollinger Bands · Momentum · MT4 Indicator · MQL4 Source Code