Pair Trader Ind V2
Pair Trader Ind V2 — a MetaTrader 4 indicator kept in the Old Kings collection. This copy is version 2. Its source code uses moving averages and ATR. It has 11 settings, for example Symbol 1 (default EURUSD), Symbol 2 (default GBPUSD) and Revers (default false). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 1 indicator file 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 · v2 · Free
About Pair Trader Ind V2
Pair Trader Ind V2 is an indicator for MetaTrader 4 based on Moving Average and ATR. It has 11 settings, such as Symbol 1, Symbol 2 and Revers. MQL source code included.
Files in the download: PairTrader_Ind v2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Symbol 1 | EURUSD | 1 |
| Symbol 2 | GBPUSD | 2 |
| Revers | false | true - |
| Fast ma | 8 | |
| Slow ma | 21 | |
| Ma method | 2 | |
| Ma price | 6 | : |
| Delta | 20 | |
| Lot | 0.1 | Trade size in lots |
| Vol mode | 2 | |
| Period atr | 144 | ATR |
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: Moving Average · ATR · MT4 Indicator · MQL4 Source Code