Starter Lsma V2 Alert
Starter Lsma V2 Alert — a MetaTrader 4 script kept in the Old Kings collection. As the name suggests, the idea behind it is alerts. This copy is version 2. Its source code uses moving averages and Bollinger Bands. It can send alerts and shows an on-chart panel. It has 24 settings, for example Debug (default 0), Do Voice Alert For Entry (default false) and Do Voice Alert For Exit (default false). Drop it on a demo chart first to see exactly what it does. Inside: 1 EA 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.
Script · MT4 · v2 · Free
About Starter Lsma V2 Alert
Starter Lsma V2 Alert is a script for MetaTrader 4 based on Moving Average and Bollinger Bands. It can alert you with a pop-up, sound, email or push message and shows several symbols in one panel. It has 24 settings, such as Debug, Do voice alert for entry and Do voice alert for exit. MQL source code included.
Files in the download: starter_LSMA_v2_alert.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Debug | 0 | Change to 1 to allow print |
| Do voice alert for entry | false | Turn this alert on or off |
| Do voice alert for exit | false | Turn this alert on or off |
| Do visual alert for entry | false | Turn this alert on or off |
| Do visual alert for exit | false | Turn this alert on or off |
| Speak time | 30 | [MS] |
| Use ema angle zero | false | |
| Ema period | 34 | EMAAngleZero Period |
| Angle treshold | 0.2 | |
| Start ema shift | 6 | Check last 6 bars |
| End ema shift | 0 | Bar shift (0 = current bar) |
| Use i trend juice | true | |
| Bands period | 20 | Period or timeframe used by the calculation |
| Bands deviation | 2 | |
| Power period | 13 | Period or timeframe used by the calculation |
| Juice period | 7 | Period or timeframe used by the calculation |
| Juice level | 4 | |
| SSP | 4 | |
| RISK | 3 | Is this the same as RiskPercent?? |
| Lsma period1 | 25 | Least Squares Moving average period. |
| Lsma period2 | 14 | Least Squares Moving average period 2. |
| Lsma period3 | 6 | Least Squares Moving average period 3. |
| Lots | 1 | Trade size in lots |
| Turnon | 1 |
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 → Scripts.
- 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 script onto a chart to run it once.
Tags: Alerts · Dashboards & Scanners · Moving Average · Bollinger Bands · MT4 Expert Advisor · MQL4 Source Code