Progressor Binary Strategy
From the Old Kings archive: Progressor Binary Strategy, an indicator for MetaTrader 4. In the code it works with ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Time Frame (default PERIOD_CURRENT), EMALength (default 22) and EMAKoef1 (default 2). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 11 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 Progressor Binary Strategy
Progressor Binary Strategy is an indicator for MetaTrader 4 based on ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as Time frame, Ema length and Ema koef1. MQL source code included.
Files in the download: a_timer.ex4, Elders's Market Thermometer MTF TT.ex4, Elders's Market Thermometer MTF TT.mq4, ITM TOTAL.ex4, MurreyZone.ex4, MurreyZone.mq4, Murrey_Math1_MTTTM.ex4, SS_SupportResistance_v04c nmc.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | PERIOD_CURRENT | Period or timeframe used by the calculation |
| Ema length | 22 | |
| Ema koef1 | 2 | |
| Ema koef2 | 3 | |
| Bars under | 5 | |
| Mode | SilbermanLynch | |
| Note1 | P = 240 = H4 chart | |
| P | 64 | |
| Step back | 0 | Distance between orders |
| Comments | false | Comment written on the orders |
| Alert on | false | Turn this alert on or off |
| Levelminus2 | Green | |
| Levelminus1 | Green | |
| Level0 | Green | |
| Level1 | Green | |
| Level2 | Green | |
| Level3 | DarkGray | |
| Level4 | DarkGray | |
| Level5 | DarkGray | |
| Level6 | Red | |
| Level7 | Red | |
| Level8 | Red | |
| Levelplus1 | Red | |
| Levelplus2 | Red | |
| Back limit | 300 | |
| Time string | 0=Current, 60=H1, 240=H4, 1440=Day, 1008 | |
| Color support weak | DarkSlateGray | Colour on the chart |
| Color support untested | SeaGreen | Colour on the chart |
| Color support verified | Green | Colour on the chart |
| Color support proven | LimeGreen | Colour on the chart |
| Color support turncoat | OliveDrab | Colour on the chart |
| Color resist weak | Indigo | Colour on the chart |
| Color resist untested | Orchid | Colour on the chart |
| Color resist verified | Crimson | Colour on the chart |
| Color resist proven | Red | Colour on the chart |
| Color resist turncoat | DarkOrange | Colour on the chart |
| Zone show weak | true | |
| Zone fuzzfactor | 0.25 | |
| Zone solid | true | |
| Zone linewidth | 1 |
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: Binary Options · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · ATR · MT4 Indicator · MQL4 Source Code