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Red Potency BY Eliy

Red Potency BY Eliy is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses the Stochastic oscillator, moving averages and ADX. It draws arrows on the chart, can send alerts and can read another timeframe. It has 8 settings, for example Count Bars (default 3000), note1 (default Chart Time Frame) and note2 (default 0=current time frame). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 21 indicator files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 Red Potency BY Eliy

Red Potency BY Eliy is an indicator for MetaTrader 4 based on Stochastic, Moving Average and ADX. 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 8 settings, such as Count bars, Note1 and Note2. MQL source code included.

Files in the download: #P4L CandleTime.ex4, Accura_Fast_SR.ex4, DJCSM EVO 4 LOCK.ex4, Einstein01.ex4, Einstein02.ex4, Einstein03.ex4, Einstein11S.ex4, Einstein12Monthly.ex4 ….

Settings

SettingDefaultWhat it does
Count bars3000
Note1Chart Time Frame
Note20=current time frame
Note31=M1, 5=M5, 15=M15, 30=M30
Note460=H1, 240=H4, 1440=D1
Note510080=W1, 43200=MN1
Time frame0Period or timeframe used by the calculation
Minutes5

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Stochastic · Moving Average · ADX · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria