Platinum Fair R9
From the Old Kings archive: Platinum Fair R9, an indicator for MetaTrader 4. In the code it works with Bollinger Bands. It has 11 settings, for example Period Q (default 2), Period R (default 8) and Period S (default 5). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor and 4 settings files (.set). 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 Platinum Fair R9
Platinum Fair R9 is an indicator for MetaTrader 4 based on Bollinger Bands. It has 11 settings, such as Period q, Period r and Period s. MQL source code included.
Files in the download: eurusd.set, Platinum.tpl, Platinum_open.mq4, Platinum_signal.mq4, eurusd_v4.set, gbpusd_v4.set, usdchf.set.
Settings
| Setting | Default | What it does |
|---|---|---|
| Period q | 2 | Number of bars in the calculation |
| Period r | 8 | Number of bars in the calculation |
| Period s | 5 | Number of bars in the calculation |
| Signal | 5 | |
| Bands mode 0 2 | 0 | =0-2 MODE_MAIN, MODE_LOW, MODE_HIGH |
| Power price 0 6 | 0 | =0-6 PRICE_CLOSE,PRICE_OPEN,PRICE_HIGH,PRICE_LOW,PRICE_MEDIAN,PRICE_TYPICAL,PRICE_WEIGHTED |
| Price type 0 3 | 0 | =0-3 PRICE_CLOSE,PRICE_OPEN,PRICE_HIGH,PRICE_LOW |
| Bands period | 20 | Period or timeframe used by the calculation |
| Bands deviation | 2 | |
| Power period | 13 | Period or timeframe used by the calculation |
| Count bars | 300 |
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: Bollinger Bands · MT4 Indicator · MQL4 Source Code