Red Potency (Indicators MT4)
Red Potency (Indicators MT4) — a MetaTrader 4 indicator kept in 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). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 20 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 (Indicators MT4)
Red Potency (Indicators MT4) 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
| Setting | Default | What it does |
|---|---|---|
| Count bars | 3000 | |
| Note1 | Chart Time Frame | |
| Note2 | 0=current time frame | |
| Note3 | 1=M1, 5=M5, 15=M15, 30=M30 | |
| Note4 | 60=H1, 240=H4, 1440=D1 | |
| Note5 | 10080=W1, 43200=MN1 | |
| Time frame | 0 | Period or timeframe used by the calculation |
| Minutes | 5 |
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 · Multi-Timeframe (MTF) · Stochastic · Moving Average · ADX · MT4 Indicator · MQL4 Source Code