NO Loss
From the Old Kings archive: NO Loss, an indicator for MetaTrader 4. In the code it works with moving averages and Heiken Ashi. It draws arrows on the chart. It has 9 settings, for example Ma Metod (default 2), Ma Period (default 6) and Ma Metod2 (default 3). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 6 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 NO Loss
NO Loss is an indicator for MetaTrader 4 based on Moving Average and Heiken Ashi. It draws buy and sell arrows on the chart. It has 9 settings, such as Ma metod, Ma period and Ma metod2. MQL source code included.
Files in the download: experts\Forex Robot No Loss v1.0.ex4, experts\indicators\Heiken_Ashi_Smoothed.mq4, experts\indicators\MTF HAS Bar Lower A.mq4, experts\indicators\MTF HAS Bar Lower B.mq4, experts\indicators\MTF HAS Bar Upper A.mq4, experts\indicators\MTF HAS Bar Upper B.mq4, templates\Forex Robot No Loss 0 TF's.tpl, templates\Forex Robot No Loss 4 TF's.tpl ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma metod | 2 | |
| Ma period | 6 | Period or timeframe used by the calculation |
| Ma metod2 | 3 | |
| Ma period2 | 2 | Number of bars in the calculation |
| Bar width | 0 | |
| Bar color up | Blue | Colour on the chart |
| Bar color down | Red | Colour on the chart |
| Text color | White | Colour on the chart |
| Max bars | 500 |
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: Buy/Sell Arrows · Moving Average · Heiken Ashi · MT4 Indicator · MQL4 Source Code