Show 123 Rh Bb 2
Show 123 Rh Bb 2 — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses Bollinger Bands. It has 19 settings, for example downcolor (default Red), upcolor (default Green) and faildncolor (default DarkSalmon). 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 · v1.0 · Free
About Show 123 Rh Bb 2
Show 123 Rh Bb 2 is an indicator for MetaTrader 4 based on Bollinger Bands. It has 19 settings, such as Downcolor, Upcolor and Faildncolor. MQL source code included.
Files in the download: show-123-rh-bb.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Downcolor | Red | Colour on the chart |
| Upcolor | Green | Colour on the chart |
| Faildncolor | DarkSalmon | Colour on the chart |
| Failupcolor | DarkSeaGreen | Colour on the chart |
| Bbreakcolor | DodgerBlue | Colour on the chart |
| Maxbars | 300 | |
| Aggression | 1 | |
| Behaviourswitches | 259 | 1+2+256; |
| Rejectifheightlessthan | 15 | |
| Targetpercent123 | 100 | |
| Targetstart123 | 2 | |
| Showrosshooks | true | |
| Fontname | Arial Black | |
| Fontsize | 8 | |
| Pip text height | 0 | |
| Showbandbreaks | false | |
| Onlyshow1stbreak | true | |
| Bandperiod | 20 | Period or timeframe used by the calculation |
| Banddev | 2.0 |
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: Bollinger Bands · MT4 Indicator · MQL4 Source Code