Only Profit
Only Profit — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses fractals. It can send alerts. It has 15 settings, for example period (default 0), Line Width (default 3) and Hi Low Mode (default 1). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Only Profit
Only Profit is an indicator for MetaTrader 4 based on Fractals. It can alert you with a pop-up, sound, email or push message. It has 15 settings, such as Period, Line width and Hi low mode. MQL source code included.
Files in the download: only_profit\only001.gif, only_profit\only002.gif, only_profit\only003.gif, only_profit\only004.gif, only_profit\only005.gif, only_profit\only006.gif, only_profit\only007.gif, only_profit\only_profit.doc ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Period | 0 | . . |
| Line width | 3 | |
| Hi low mode | 1 | |
| Fibo mode | 1 | |
| Enable target | 1 | |
| Fibo target | 1.618 | |
| Pattern high | Blue | |
| Trade line high | Red | |
| Pattern low | Yellow | |
| Trade line low | Green | |
| Fibo | Black | |
| Time color | White | Colour on the chart |
| My threshold | 50 | |
| Color ib high | Aqua | Colour on the chart |
| Color ib low | Magenta | Colour on the chart |
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: Alerts · Fractals · MT4 Indicator · MQL4 Source Code