Signals For MT4
This Old Kings indicator for MetaTrader 4 is called Signals For MT4. Its name points to buy / sell signals on the chart. In the code it works with divergence checks, RSI and the Stochastic oscillator. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Clock Color (default White), Font (default 16) and Fast Len (default 12). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 45 indicator files 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 Signals For MT4
Signals For MT4 is an indicator for MetaTrader 4 based on Divergence, RSI and Stochastic. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as Clock color, Font and Fast len. MQL source code included.
Files in the download: forexmt4 binary.tpl, Signal 1.tpl, Signal 2.tpl, Signal 3.tpl, Signal 4.tpl, Signal 5.tpl, Signal 6.tpl, 3c_JRSX_H.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Clock color | White | Colour on the chart |
| Font | 16 | |
| Fast len | 12 | |
| Slow len | 26 | |
| Length | 9 | |
| St dv | 1.0 | |
| Time frame | Current | Period or timeframe used by the calculation |
| Tma period | 56 | Period or timeframe used by the calculation |
| Price | PRICE_CLOSE | |
| Atr multiplier | 2.0 | How much the lot size grows after a loss |
| Atr period | 100 | Period or timeframe used by the calculation |
| Trend threshold | 0.5 | |
| Show center line | false | |
| Alerts on | false | Turn this alert on or off |
| Alerts message | false | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Processed units | 1 | |
| Text color | Black | Colour on the chart |
| Basis tf | PERIOD_D1 | |
| Help for display decimals | Used only: 4,5! | |
| Display decimals | 4 | |
| Price action filter | 1 | |
| Major cycle strength | 4 | |
| Use cycle filter | false | |
| Use filter sm aor rsi | 1 | |
| Filter strength sma | 12 | |
| Filter strength rsi | 21 | |
| Alerts on major cycle | true | Turn this alert on or off |
| Alerts on minor cycle | false | Turn this alert on or off |
| Alerts on current | false | Turn this alert on or off |
| Alerts notify | false | Turn this alert on or off |
| Arrows visible | true | |
| Arrows on major cycle | true | |
| Arrows major up cycle color | LimeGreen | Colour on the chart |
| Arrows major dn cycle color | Red | Colour on the chart |
| Arrows major up cycle code | 241 | |
| Arrows major dn cycle code | 242 | |
| Arrows major cycle size | 2 | |
| Arrows on minor cycle | true |
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: Buy/Sell Arrows · Alerts · Divergence · Multi-Timeframe (MTF) · RSI · Stochastic · MT4 Indicator · MQL4 Source Code