Power Swing V.2
Power Swing V.2 — a MetaTrader 4 indicator kept in the Old Kings collection. This copy is version 2. It draws arrows on the chart and can send alerts. It has 40 settings, for example note1 (default Change font colors autom), Bid Ask Colors (default False) and note2 (default Default Font Color). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 5 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 · v2 · Free
About Power Swing V.2
Power Swing V.2 is an indicator for MetaTrader 4. 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 Note1, Bid ask colors and Note2. MQL source code included.
Files in the download: murrey math 240.tpl, Magnified Market Price.mq4, Murrey_Math_Line_X_eng.mq4, ZigZag_Pointer_alert_email.mq4, ForexOffTrend_Alert.mq4, trendline.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Note1 | Change font colors automatically? True = | |
| Bid ask colors | False | Colour on the chart |
| Note2 | Default Font Color | |
| Font color | Black | Colour on the chart |
| Note3 | Font Size | |
| Font size | 36 | |
| Note4 | Font Type | |
| Font type | Arial Bold | |
| Note5 | Display the price in what corner? | |
| What corner | 2 | |
| P | 64 | |
| Mm period | 15 | Period or timeframe used by the calculation |
| Step back | 0 | Distance between orders |
| Mml clr m 2 8 | Black | [-2]/8 |
| Mml clr m 1 8 | Purple | [-1]/8 |
| Mml clr 0 8 | DeepSkyBlue | [0]/8 |
| Mml clr 1 8 | Gold | [1]/8 |
| Mml clr 2 8 | Red | [2]/8 |
| Mml clr 3 8 | Green | [3]/8 |
| Mml clr 4 8 | Blue | [4]/8 |
| Mml clr 5 8 | Green | [5]/8 |
| Mml clr 6 8 | Red | [6]/8 |
| Mml clr 7 8 | Gold | [7]/8 |
| Mml clr 8 8 | DeepSkyBlue | [8]/8 |
| Mml clr p 1 8 | Purple | [+1]/8 |
| Mml clr p 2 8 | Black | [+2]/8 |
| Mml wdth m 2 8 | 2 | [-2]/8 |
| Mml wdth m 1 8 | 1 | [-1]/8 |
| Mml wdth 0 8 | 1 | [0]/8 |
| Mml wdth 1 8 | 1 | [1]/8 |
| Mml wdth 2 8 | 1 | [2]/8 |
| Mml wdth 3 8 | 1 | [3]/8 |
| Mml wdth 4 8 | 1 | [4]/8 |
| Mml wdth 5 8 | 1 | [5]/8 |
| Mml wdth 6 8 | 1 | [6]/8 |
| Mml wdth 7 8 | 1 | [7]/8 |
| Mml wdth 8 8 | 1 | [8]/8 |
| Mml wdth p 1 8 | 1 | [+1]/8 |
| Mml wdth p 2 8 | 2 | [+2]/8 |
| Mark color | Blue | 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: Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code