Price Action Style 2
Price Action Style 2 — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around price action (reading the candles themselves). Its source code uses fractals. It draws arrows on the chart and can send alerts. It has 10 settings, for example Show Chart Alerts (default true), Alert Email Subject and Send Push Notification (default false). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 3 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 · v1.0 · Free
About Price Action Style 2
Price Action Style 2 is an indicator for MetaTrader 4 based on Fractals. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 10 settings, such as Show chart alerts, Alert email subject and Send push notification. MQL source code included.
Files in the download: FREE TRADING SYSTEMS AND INDICATORS.url, Simple Price action style\Simple price action style.tpl, Simple Price action style\Support and Resistance (Barry) with alerts.ex4, Simple Price action style\Support and Resistance (Barry) with alerts.mq4, Simple Price action style\VCustom3.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Show chart alerts | true | Turn this alert on or off |
| Alert email subject | Turn this alert on or off | |
| Send push notification | false | Turn this alert on or off |
| Sound alerts | false | Turn this alert on or off |
| Sound file up | alert.wav | Turn this alert on or off |
| Sound file down | alert2.wav | Turn this alert on or off |
| Bar count | 1000 | |
| Signal at blue dot | 3 | |
| Signal at red dot | 3 | |
| Show dots on screen | true |
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: Price Action · Buy/Sell Arrows · Alerts · Fractals · MT4 Indicator · MQL4 Source Code