Supertrend Indicators 2
This Old Kings indicator for MetaTrader 4 is called Supertrend Indicators 2. As the name suggests, the idea behind it is the SuperTrend line. In the code it works with CCI and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 7 settings, for example CCIperiod (default 63), ATRperiod (default 18) and time Frame (default Current time frame). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 3 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 Supertrend Indicators 2
Supertrend Indicators 2 is an indicator for MetaTrader 4 based on CCI and ATR. 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 7 settings, such as Cc iperiod, At rperiod and Time frame. MQL source code included.
Files in the download: SuperTrend_ mtf_Alert.mq4, Supertrend_cleared_3.mq4, SuperTrend_TRO_MODIFIED_VERSION.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Cc iperiod | 63 | Period or timeframe used by the calculation |
| At rperiod | 18 | Period or timeframe used by the calculation |
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Signal alert | True | Turn this alert on or off |
| My box width | 3 | |
| Nbr periods | 10 | Number of bars in the calculation |
| Multiplier | 3.0 | How much the lot size grows after a loss |
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 · Multi-Timeframe (MTF) · CCI · ATR · MT4 Indicator · MQL4 Source Code