Reverses&Trends 2
Reverses&Trends 2 is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages, CCI and ATR. It can send alerts. It has 23 settings, for example A period (default 14), B period (default 6) and EMA (default 34). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 10 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
Reverses&Trends 2 is an indicator for MetaTrader 4 based on Moving Average, CCI and ATR. It can alert you with a pop-up, sound, email or push message. It has 23 settings, such as A period, B period and EMA. MQL source code included.
Files in the download: GER30-M15.PNG, Beast Super Signal.ex4, CustomCandles_PullBack_GCCI.ex4, CustomCandles_PullBack_GCCI.mq4, GentorCCI2.ex4, GentorCCI2.mq4, TARZAN_33.ex4, TmaTrue.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| A period | 14 | Period or timeframe used by the calculation |
| B period | 6 | Period or timeframe used by the calculation |
| EMA | 34 | |
| Num bars | 600 | |
| 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 · Moving Average · CCI · ATR · MT4 Indicator · MQL4 Source Code