Proba11
From the Old Kings archive: Proba11, an indicator for MetaTrader 4. It draws arrows on the chart and can send alerts. It has 4 settings, for example Maximum Risk (default 0.01), Stop Loss (default 20) and Profit (default 2). 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 Proba11
Proba11 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 4 settings, such as Maximum risk, Stop loss and Profit. MQL source code included.
Files in the download: proba11.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Maximum risk | 0.01 | 11 |
| Stop loss | 20 | Stop loss distance |
| Profit | 2 | |
| Bars for fract | 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 · MT4 Indicator · MQL4 Source Code