Omega Trend System
Omega Trend System — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around following the trend. Its source code uses divergence checks, MACD and RSI. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Range (default 9), Fast MA (default 2) and Slow MA (default 30). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 8 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 Omega Trend System
Omega Trend System is an indicator for MetaTrader 4 based on Divergence, MACD and RSI. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as Range, Fast ma and Slow ma. MQL source code included.
Files in the download: AMA STL__Color_alerts.mq4, B-Clock Silver.ex4, FFCal.mq4, FX5 MACD_Divergence V1.1.mq4, OmegaTrend_v7.0.mq4, Signal_Bars_Executive_v1.mq4, Snake.ex4, T3_clean.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Range | 9 | |
| Fast ma | 2 | |
| Slow ma | 30 | |
| Count bars | 200 | |
| Filter | 25 | |
| Alerts on | true | Turn this alert on or off |
| Alerts on current | false | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | true | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Soundfile | alert2.wav | Turn this alert on or off |
| Include high | true | |
| Include medium | false | |
| Include low | false | |
| Include speaks | false | news items with "Speaks" in them have different characteristics |
| Alert mins before | -1 | Set to -1 for no Alert |
| Alert mins before2 | -1 | Set to -1 for no Alert |
| Txt size | 10 | |
| Txt color news | DeepSkyBlue | Colour on the chart |
| Txt color impact high | Red | Colour on the chart |
| Txt color impact medium | Orange | Colour on the chart |
| Txt color impact low | Yellow | Colour on the chart |
| Separator1 | *** MACD Settings *** | |
| Fast ema | 12 | |
| Slow ema | 26 | |
| Signal sma | 9 | |
| Separator2 | *** Indicator Settings *** | |
| Draw indicator trend lines | true | |
| Draw price trend lines | true | |
| Display alert | true | Turn this alert on or off |
| Show arrows | TRUE | |
| Show histogram | TRUE | |
| Show pivot line | TRUE | |
| Volatility period | 24 | Period or timeframe used by the calculation |
| Smooth factor | 0 | |
| Max width pips | 165 | |
| Min follow pips | 5 | |
| Var prefix | Alert | |
| Trend line level | 3.4 | |
| Pivot line level | 1.25 |
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: Trend · Buy/Sell Arrows · Alerts · Divergence · Multi-Timeframe (MTF) · MACD · RSI · MT4 Indicator · MQL4 Source Code