The Triple Arrows 2
This Old Kings indicator for MetaTrader 4 is called The Triple Arrows 2. Its name points to buy / sell signals on the chart. In the code it works with moving averages and ATR. It draws arrows on the chart and can send alerts. It has 9 settings, for example TMperiod (default 26), Intensity (default 1.9) and SL distance pips (default 200). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 11 indicator files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 Triple Arrows 2
The Triple Arrows 2 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 9 settings, such as T mperiod, Intensity and Sl distance pips. MQL source code included.
Files in the download: Auto Trend Lines.ex4, Big Arrow DashBoard.ex4, big arrow.ex4, Buy-Sell.ex4, confirmation mountain.ex4, fibonacci-retracement.ex4, Helpline.mq4, Little Arrow.v2.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| T mperiod | 26 | Period or timeframe used by the calculation |
| Intensity | 1.9 | |
| Sl distance pips | 200 | Distance between orders |
| Amplitude | 2 | |
| Alerts on | false | 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 email | false | Turn this alert on or off |
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 · Moving Average · ATR · MT4 Indicator · MQL4 Source Code