Pip Magnet 2021
Pip Magnet 2021 is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses MACD, RSI, the Stochastic oscillator and moving averages. It draws arrows on the chart and can send alerts. It has 40 settings, for example MA Period (default 4), MA Sampling Period (default 4) and MA Method (default 1). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 72 indicator files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 Pip Magnet 2021
Pip Magnet 2021 is an indicator for MetaTrader 4 based on MACD, RSI, Stochastic and Moving Average. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 40 settings, such as Ma period, Ma sampling period and Ma method. MQL source code included.
Files in the download: Pip Magnet 2021\Indicators 2021\!X-UK.MA.4.ex4, Pip Magnet 2021\Indicators 2021\!X-UK.MA.4.mq4, Pip Magnet 2021\Indicators 2021\!X-UK.NMA.4.ex4, Pip Magnet 2021\Indicators 2021\!X-UK.NMA.4.mq4, Pip Magnet 2021\Indicators 2021\fibocalc_v34.ex4, Pip Magnet 2021\Indicators 2021\fibocalc_v34.mq4, Pip Magnet 2021\Indicators 2021\Fractals - (adjustable period + price).ex4, Pip Magnet 2021\Indicators 2021\Fractals - (adjustable period + price).mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma period | 4 | Period or timeframe used by the calculation |
| Ma sampling period | 4 | Sampling period should be less than 1/4 of MA_Period |
| Ma method | 1 | 0 - SMA, 1 - EMA, 2 - SMMA, 3 - LWMA |
| Ma applied price | 0 | 0 - PRICE_CLOSE, 1 - PRICE_OPEN, 2 - PRICE_HIGH, 3 - PRICE_LOW, 4 - PRICE_MEDIAN, 5 - PRICE_TYPICAL, |
| Min reward ratio | 2 | |
| Buy level color | clrDodgerBlue | Colour on the chart |
| Sell level color | clrTomato | Colour on the chart |
| Stop loss color | clrOrangeRed | Stop loss distance |
| Take profit color | clrSpringGreen | Take profit distance |
| Take profit style | 2 | Take profit distance |
| Take profit width | 2 | Take profit distance |
| Font name | Arial | |
| Font size | 8 | |
| Text color | clrAliceBlue | Colour on the chart |
| Fractal period | 5 | Fractal period: 5 for built in fractal |
| Price high | PRICE_HIGH | Price high |
| Price low | PRICE_LOW | Price low |
| Upper arrow displacement | 0.2 | Upper arrow displacement |
| Lower arrow displacement | 0.2 | Lower arrow displacement |
| Bars on side | 1 | |
| Eint depth3 | 300 | |
| Symbol cod | 250 | Код символа в диапазоне 33 - 255 |
| Line style | 0 | Стиль линий |
| Color high | clrYellow | Цвет линии Hihg |
| Color low | clrYellow | Цвет линии Low |
| Angle up | 22.5 | |
| Angle dn | 22.5 | |
| Width | 0 | |
| Style | 2 | |
| Kol lev | 8 | |
| Resistance color | Brown | Colour on the chart |
| Support color | Green | Colour on the chart |
| Level 0 | Gray | |
| Lev v | true | |
| Level v | Gray | |
| Complect | 0 | |
| Depth | 21 | |
| Deviation | 5 | |
| Backstep | 3 | Distance between orders |
| Window | 0 |
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 · Alerts · MACD · RSI · Stochastic · Moving Average · MT4 Indicator · MQL4 Source Code