MT5 Indicator
This Old Kings indicator for MetaTrader 5 is called MT5 Indicator. In the code it works with ATR and an oscillator. It draws arrows on the chart and can send alerts. It has 7 settings, for example RISK (default 3), SSP (default 9) and Numberof Bar (default 1). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file 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 MT5 Indicator
MT5 Indicator is an indicator for MetaTrader 5 based on ATR and Oscillator. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 7 settings, such as RISK, SSP and Numberof bar. MQL source code included.
Files in the download: MT5 Indicator\Read Me First.pdf, MT5 Indicator\Indicators\Point 2.1.6.mq5, MT5 Indicator\Indicators\Read Me First.pdf, MT5 Indicator\Templates\Point 2.1.6.tpl, MT5 Indicator\Templates\Read Me First.pdf.
Settings
| Setting | Default | What it does |
|---|---|---|
| RISK | 3 | Risk per trade (percent of balance) |
| SSP | 9 | |
| Numberof bar | 1 | Номер бара для подачи сигнала |
| Sound on | true | Разрешение алерта |
| Numberof alerts | 2 | Количество алертов |
| E mail on | false | Разрешение почтовой отправки сигнала |
| Push on | false | Разрешение отправки сигнала на мобильный |
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 · Alerts · ATR · Oscillator · MT5 Indicator · MQL5 Source Code