Ridi Levels MT4
From the Old Kings archive: Ridi Levels MT4, an indicator for MetaTrader 4. It draws arrows on the chart. It has 40 settings, for example Upper Level (default 0), Lower Level (default 0) and Analysis Begin (default D'1980.01.01 00:00'). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file 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 Ridi Levels MT4
Ridi Levels MT4 is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart. It has 40 settings, such as Upper level, Lower level and Analysis begin. MQL source code included.
Files in the download: RIDI_LEVELS_MT4.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Upper level | 0 | |
| Lower level | 0 | |
| Analysis begin | D'1980.01.01 00:00' | Hour when trading starts (server time) |
| Analysis end | D'2030.01.01 00:00' | |
| Quantity levels | 9 | |
| Quantity levels d | 9 | |
| Quantity levels w | 9 | |
| Deviation level | 5 | |
| Deviation level d | 10 | |
| Deviation level w | 20 | |
| Right model level | 4 | |
| Left model level | 4 | |
| Right model level d | 3 | |
| Left model level d | 3 | |
| Right model level w | 3 | |
| Left model level w | 3 | |
| Distance levels | 0 | Distance between orders |
| Distance levels d | 0 | Distance between orders |
| Distance levels w | 0 | Distance between orders |
| Color | C'Blue' | Colour on the chart |
| Type lines | 0 | |
| Width line | 1 | |
| Color text | C'Blue' | Colour on the chart |
| Height text | 8 | |
| Show text | true | |
| Color labels | C'Blue' | Colour on the chart |
| Show labels | true | |
| Color d | C'Red' | Colour on the chart |
| Type lines d | 0 | |
| Width line d | 1 | |
| Color text d | C'Red' | Colour on the chart |
| Height text d | 8 | |
| Show text d | true | |
| Color labels d | C'Red' | Colour on the chart |
| Show labels d | true | |
| Color w | C'Green' | Colour on the chart |
| Type lines w | 0 | |
| Width line w | 1 | |
| Color text w | C'Green' | Colour on the chart |
| Height text w | 8 |
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 · MT4 Indicator · MQL4 Source Code