SDX Zone Breakout Lud Z2 V2
From the Old Kings archive: SDX Zone Breakout Lud Z2 V2, an indicator for MetaTrader 4. Judging by its name, it is built around price zones drawn on the chart and breakouts from a range. The file name marks it as version 2. It draws arrows on the chart. It has 7 settings, for example Do Entry Alerts (default false), Time Zone Of Data (default 3) and Pips For Entry (default 5). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 · v2 · Free
About SDX Zone Breakout Lud Z2 V2
SDX Zone Breakout Lud Z2 V2 is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart. It has 7 settings, such as Do entry alerts, Time zone of data and Pips for entry. MQL source code included.
Files in the download: [INDI]_SDX-ZoneBreakout-Lud-Z2-v2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Do entry alerts | false | Turn this alert on or off |
| Time zone of data | 3 | time zone of metatrader charts |
| Pips for entry | 5 | |
| Pips target | 80 | |
| Pips stop | 50 | |
| Show target | 1 | |
| Show stop | 1 |
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: Breakout · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code