Room Up Room Down
This Old Kings indicator for MetaTrader 4 is called Room Up Room Down. It draws arrows on the chart and can send alerts. It has 14 settings, for example Up Levels (default 75,100,125), Down Levels (default .) and Start Candle (default 10). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 2 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 Room Up Room Down
Room Up Room Down is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 14 settings, such as Up levels, Down levels and Start candle. MQL source code included.
Files in the download: room up room down\Experts\Include\hanover --- extensible functions (np).mqh, room up room down\Experts\Include\hanover --- function header (np).mqh, room up room down\Indicators\RoomUpDown.ex4, room up room down\Indicators\RoomUpDown.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Up levels | 75,100,125 | |
| Down levels | . | |
| Start candle | 10 | |
| Line length | 5 | |
| Ad rdays | 30 | |
| Up line color | Olive | Colour on the chart |
| Down line color | DarkGreen | Colour on the chart |
| Line width | 1 | |
| Line style | STYLE_DASH | |
| Visibility | M1,M5,M15,M30,H1,H4,D1,W1,MN | |
| Refresh period | M1 | Period or timeframe used by the calculation |
| Fix from open | false | |
| Unique id | 0 | |
| Use global variables | false |
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 · MT4 Indicator · MQL4 Source Code