Signals V2
From the Old Kings archive: Signals V2, an indicator for MetaTrader 4. Judging by its name, it is built around buy / sell signals on the chart. The file name marks it as version 2. In the code it works with moving averages. It draws arrows on the chart and can send alerts. It has 13 settings, for example Draw Sell Signals (default true), Draw Buy Signals (default true) and Enable Alerts (default true). 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 Signals V2
Signals V2 is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 13 settings, such as Draw sell signals, Draw buy signals and Enable alerts. MQL source code included.
Files in the download: @@@smFlyingBuddha Signals_v2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Draw sell signals | true | |
| Draw buy signals | true | |
| Enable alerts | true | Turn this alert on or off |
| Enable e mails | false | Turn this alert on or off |
| Moving averages | ||
| Fast period | 5 | Period or timeframe used by the calculation |
| Fast avg mode | MODE_EMA | |
| Fast price | PRICE_CLOSE | |
| Slow period | 10 | Period or timeframe used by the calculation |
| Slow avg mode | MODE_EMA | |
| Slow price | PRICE_CLOSE | |
| Max bars | 2000 | |
| Factor window | 0.03 |
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 · Moving Average · MT4 Indicator · MQL4 Source Code