Show 123 RH BB 4
Show 123 RH BB 4 — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses Bollinger Bands. It can send alerts. It has 30 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: 4 indicator files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 4
Show 123 RH BB 4 is an indicator for MetaTrader 4 based on Bollinger Bands. It can alert you with a pop-up, sound, email or push message. It has 30 settings, such as Downcolor, Upcolor and Faildncolor. MQL source code included.
Files in the download: Show 123 RH BB\FREE TRADING SYSTEMS AND INDICATORS.url, Show 123 RH BB\show-123-rh-bb.pdf, Show 123 RH BB\Indicators\Ross Hook_show123v2 Alerts.mq4, Show 123 RH BB\Indicators\show-123-rh-bb.mq4, Show 123 RH BB\Indicators\show123.mq4, Show 123 RH BB\Indicators\show123v2.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 | 100 | 500; |
| 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 | hm, I assume instead of the iBands-command the iCustom-command should be used (double/int stuff), fx |
| Onlyshow1stbreak | TRUE | |
| Bandperiod | 20 | Period or timeframe used by the calculation |
| Banddev | 2.0 | |
| Adjust point | TRUE | |
| Ahis | ******* ALERT SETTINGS: | |
| Up ross hook alerts | true | Turn this alert on or off |
| Down ross hook alerts | true | Turn this alert on or off |
| Alert candle | 1 | Turn this alert on or off |
| Popup alerts | TRUE | Turn this alert on or off |
| Email alerts | false | Turn this alert on or off |
| Push notification alerts | false | Turn this alert on or off |
| Sound alerts | false | Turn this alert on or off |
| Sound file high | alert.wav | Turn this alert on or off |
| Sound file low | alert2.wav | Turn this alert on or off |
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: Alerts · Bollinger Bands · MT4 Indicator · MQL4 Source Code