Mr Pipchaser 3
This Old Kings indicator for MetaTrader 5 is called Mr Pipchaser 3. It draws arrows on the chart. It has 3 settings, for example period (default 24), LSMA Period (default 6) and Show Arrow (default true). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 2 indicator files with source code (.mq5) you can open and edit in MetaEditor and a PDF guide. 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 · MT5 · v1.0 · Free
About Mr Pipchaser 3
Mr Pipchaser 3 is an indicator for MetaTrader 5. It draws buy and sell arrows on the chart. It has 3 settings, such as Period, Lsma period and Show arrow. MQL source code included.
Files in the download: Mr Pipchaser.tpl, TriggerLine_with_Arrow.mq5, ZigZag_NK_Arrows.ex5, Rules read this.pdf, 1610024381264.png.
Settings
| Setting | Default | What it does |
|---|---|---|
| Period | 24 | Period |
| Lsma period | 6 | Period or timeframe used by the calculation |
| Show arrow | true |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 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 · MT5 Indicator · MQL5 Source Code