Svetofor
From the Old Kings archive: Svetofor, an indicator for MetaTrader 4. In the code it works with RSI and moving averages. It can send alerts. It has 8 settings, for example Take Profit (default 48), Stop Loss (default 38) and HMA Period (default 8). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 4 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 Svetofor
Svetofor is an indicator for MetaTrader 4 based on RSI and Moving Average. It can alert you with a pop-up, sound, email or push message. It has 8 settings, such as Take profit, Stop loss and Hma period. MQL source code included.
Files in the download: goldminer2.ex4, HMA Modified.mq4, RSI Custom.mq4, Traffic Light.tpl, Trend Master.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Take profit | 48 | Take profit distance |
| Stop loss | 38 | Stop loss distance |
| Hma period | 8 | Period or timeframe used by the calculation |
| Alerts | true | Turn this alert on or off |
| Email on | false | Turn this alert on or off |
| RSI | 8 | |
| Valeur1 | 55 | |
| Valeur2 | 45 |
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: Alerts · RSI · Moving Average · MT4 Indicator · MQL4 Source Code