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SDL

SDL is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses moving averages. It has 3 settings, for example period (default 20), method (default 3) and price (default 0). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 SDL

SDL is an indicator for MetaTrader 4 based on Moving Average. It has 3 settings, such as Period, Method and Price. MQL source code included.

Files in the download: SDL.mq4.

Settings

SettingDefaultWhat it does
Period20Period or timeframe used by the calculation
Method3MODE_SMA
Price0PRICE_CLOSE

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Moving Average · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria