Multi Grid Trading Robot
This Old Kings indicator for MetaTrader 4 is called Multi Grid Trading Robot. Its name points to a grid of orders at fixed price steps. It draws arrows on the chart and can send alerts. It has 5 settings, for example Alert Slope Change (default false), Alert Channel Break (default false) and SHIBars (default 240). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 3 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 Multi Grid Trading Robot
Multi Grid Trading Robot is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 5 settings, such as Alert slope change, Alert channel break and Shi bars. MQL source code included.
Files in the download: Multi Grid Trading Robot\MultiMatrixGridTrading.ex4, Multi Grid Trading Robot\Indicators\FX_SHIChannel.ex4, Multi Grid Trading Robot\Indicators\FX_SHIChannel.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Alert slope change | false | signal changes in slope |
| Alert channel break | false | signal changes in slope |
| Shi bars | 240 | bars to use to find a channel |
| Bars for fract | 0 | |
| Debug logger | false |
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: Grid · Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code