New Folder 5
From the Old Kings archive: New Folder 5, an indicator for MetaTrader 4. It has 7 settings, for example N (default 9), N1 (default 9) and mode (default 1). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 5 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 New Folder 5
New Folder 5 is an indicator for MetaTrader 4. It has 7 settings, such as N, N1 and Mode. MQL source code included.
Files in the download: New folder (2)\!!_MHDMT_XXL.tpl, New folder (2)\MHDMT with Momentum Scalper.tpl, New folder (2)\MHDMT_GRAY_BELT.mq4, New folder (2)\MHDMT_XMA.mq4, New folder (2)\MHDMT_ZT_History.ex4, New folder (2)\MHDMT_ZT_History.mq4, New folder (2)\Momentum Scalper GOLD TEST mtf (1).ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| N | 9 | |
| N1 | 9 | |
| Mode | 1 | |
| Zhengdang | Gray | |
| TXT | true | |
| History | false | |
| History bar | 250 |
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: MT4 Indicator · MQL4 Source Code