Stop Reversal V2.01 Mtf Alerts
Stop Reversal V2.01 Mtf Alerts is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around reversals against the current move, alerts and several timeframes at once. This copy is version 2.01. It draws arrows on the chart, can send alerts and can read another timeframe. It has 9 settings, for example Time Frame (default Current time frame), n Pips (default 0.004) and alerts On (default true). Load it on a demo chart and check whether its signals repaint before trusting them. 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 · v2.01 · Free
About Stop Reversal V2.01 Mtf Alerts
Stop Reversal V2.01 Mtf Alerts is an indicator for MetaTrader 4. 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 9 settings, such as Time frame, N pips and Alerts on. MQL source code included.
Files in the download: stop-reversal-v2.01_mtf_alerts.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current time frame | Period or timeframe used by the calculation |
| N pips | 0.004 | |
| Alerts on | true | Turn this alert on or off |
| Alerts on current | false | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts notify | true | Turn this alert on or off |
| Alerts email | true | Turn this alert on or off |
| Arrows on first bar | 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: Multi-Timeframe (MTF) · Alerts · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code