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The Triple Arrows

The Triple Arrows — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is buy / sell signals on the chart. Its source code uses 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). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 11 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 Triple Arrows

The Triple Arrows 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

SettingDefaultWhat it does
T mperiod26Period or timeframe used by the calculation
Intensity1.9
Sl distance pips200Distance between orders
Amplitude2
Alerts onfalseTurn this alert on or off
Alerts on currentfalseTurn this alert on or off
Alerts messagetrueTurn this alert on or off
Alerts soundfalseTurn this alert on or off
Alerts emailfalseTurn this alert on or off

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Buy/Sell Arrows · Alerts · Moving Average · ATR · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria