Reverses&Trends 2 2
This Old Kings indicator for MetaTrader 4 is called Reverses&Trends 2 2. In the code it works with ATR. It can send alerts. It has 19 settings, for example eint Timeframe (default 0), eint Half Length (default 56) and edbl Atr Multiplier (default 3.0). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 7 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 Reverses&Trends 2 2
Reverses&Trends 2 2 is an indicator for MetaTrader 4 based on ATR. It can alert you with a pop-up, sound, email or push message. It has 19 settings, such as Eint timeframe, Eint half length and Edbl atr multiplier. MQL source code included.
Files in the download: ain-dicad-ormry1.ex4, Beast Super Signal.ex4, TARZAN_33.ex4, TmaTrue.ex4, TmaTrue.mq4, VWAP Bands alerts.ex4, VWAP Bands alerts.mq4, Reverses&Trends.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Eint timeframe | 0 | Period or timeframe used by the calculation |
| Eint half length | 56 | |
| Edbl atr multiplier | 3.0 | How much the lot size grows after a loss |
| Eint atr period | 100 | Period or timeframe used by the calculation |
| Eint bars to process | 0 | |
| Ebln alerts | false | Turn this alert on or off |
| Avg period | 20 | Volume weighted average period |
| Price | pr_close | Price |
| Use real volume | false | Use real volume? |
| Dev type | st_sam | Deviation calculation type |
| Deviation muliplier1 | 1 | First band(s) deviation |
| Deviation muliplier2 | 2 | Second band(s) deviation |
| Deviation muliplier3 | 2.5 | Third band(s) deviation |
| Alerts on | true | Alerts on/off? |
| Alerts on current | false | Alerts on current (still opened) bar on/off? |
| Alerts message | true | Alerts pop-up message on/off? |
| Alerts sound | false | Alerts sound on/off? |
| Alerts notify | false | Alerts push notification on/off? |
| Alerts email | false | Alerts send email on/off? |
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: Trend · Alerts · ATR · MT4 Indicator · MQL4 Source Code