Show 123 Rh Bb
Show 123 Rh Bb is an indicator for MetaTrader 4 from 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
Show 123 Rh Bb 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