Pos Size 6
Pos Size 6 is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses ATR. It has 12 settings, for example ATRperiod (default 14), Risk (default 1) and SLfactor (default 1.5). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 · v1.0 · Free
About Pos Size 6
Pos Size 6 is an indicator for MetaTrader 4 based on ATR. It has 12 settings, such as At rperiod, Risk and S lfactor. MQL source code included.
Files in the download: pos_size.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| At rperiod | 14 | ATR Periods |
| Risk | 1 | Risk Size % |
| S lfactor | 1.5 | Stop Loss as a factor of ATR |
| T pfactor | 1.0 | Take Profit as a factor of ATR |
| Font size | 9 | Font size |
| Color | clrMagenta | Color |
| Base corner | CORNER_RIGHT_UPPER | Base Corner 0=UL,1=UR,2=LL,3=LR |
| Fixed atr | 0 | Fixed ATR points |
| Back | false | Background object |
| Selection | false | Highlight to move |
| Hidden | true | Hidden in the object list |
| Z order | 0 | Priority for mouse click |
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: ATR · MT4 Indicator · MQL4 Source Code