The Binary Destroyer
The Binary Destroyer — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses moving averages and ATR. It draws arrows on the chart and can send alerts. It has 17 settings, for example Amplitude (default 2), Show Bars (default false) and Show Arrows (default true). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 5 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 The Binary Destroyer
The Binary Destroyer is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 17 settings, such as Amplitude, Show bars and Show arrows. MQL source code included.
Files in the download: Binary Destroyer.mq4, P4L CandleTime.ex4, P4L CandleTime.mq4, Price Lines.ex4, TA_1.14c.ex4, The Binary Destroyer V2.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Amplitude | 2 | |
| Show bars | false | |
| Show arrows | true | |
| 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 | true | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Text color | Chocolate | Colour on the chart |
| Font size | 10 | |
| Font name | Lucida Console | Was 9,Verdana but spaces were too narrow. Must have fixed font. Alt: Fixedsys |
| Display time by the bar | true | |
| Display time comment | false | Comment written on the orders |
| Text usually above price line | false | |
| Spread factor | 1.0 | 1.0 is normal. If >1, text is farther away from price line. |
| Auto time shift adjust | true | Necessary when used with "P4L PeriodCon.mq4". It adjusts for Symbol() names like: "EURUSD+1H" |
| Adjust weekly time remain by min | 0 | At least one broker's Weekly feed has a flakey error. The weekly bars SAY they begin |
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: Binary Options · Buy/Sell Arrows · Alerts · Moving Average · ATR · MT4 Indicator · MQL4 Source Code