Three
From the Old Kings archive: Three, an indicator for MetaTrader 4. In the code it works with Bollinger Bands. It draws arrows on the chart, can send alerts and shows an on-chart panel. It has 40 settings, for example Step (default 0.02), Maximum (default 0.2) and Signal Period (default 12). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 7 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 Three
Three is an indicator for MetaTrader 4 based on Bollinger Bands. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and shows several symbols in one panel. It has 40 settings, such as Step, Maximum and Signal period. MQL source code included.
Files in the download: indicator01.ex4, indicator01.mq4, indicator02.ex4, indicator02.mq4, korharmonics_v6.7.6.ex4, korharmonics_v6.7.6.mq4, SEFC084.ex4, three.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Step | 0.02 | Distance between orders |
| Maximum | 0.2 | |
| Signal period | 12 | Period or timeframe used by the calculation |
| Arrow period | 2 | Period or timeframe used by the calculation |
| Sl pips | 100 | Stop loss distance |
| Alert on | TRUE | Turn this alert on or off |
| TRUE | Turn this alert on or off | |
| Separator1 | ************************ Main Params *** | |
| Iext refresh rate | 4 | |
| Iext max bars | 5000 | |
| Iext hl min swing | 0 | |
| Iext max zz points used | 12 | |
| Bext show history patterns | FALSE | |
| Bext check multi zigzags | TRUE | |
| Dext hl multi zz min swing range | 0.5 | |
| Iext hl multi zz min swing num | 10 | |
| Separator2 | ************************ Calculation del | |
| Dext max deviation | 0.1 | |
| Dext fibo deviation | 0.03 | |
| Dext max shs price deviation | 0.3 | |
| Dext max shs time deviation | 0.3 | |
| Dext max corr deviation | 0.1 | |
| Dext max triangle deviation | 0.05 | |
| Separator3 | ************************ What to draw ** | |
| Bext draw zz line | TRUE | |
| Bext draw zz relations | FALSE | |
| Bext draw zz points | FALSE | |
| Bext draw projection lines | FALSE | |
| Bext draw pattern dim | TRUE | |
| Separator4 | ******************** Patterns ON/OFF *** | |
| Bext fibo | TRUE | |
| Bext abcd | TRUE | |
| Bext i abcd | TRUE | |
| Bext it abcd | TRUE | |
| Bext gartley | TRUE | |
| Bext ideal gartley only | FALSE | |
| Bext butterfly | TRUE | |
| Bext crab | TRUE | |
| Bext ideal crab only | FALSE | |
| Bext bat | TRUE |
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 · Dashboards & Scanners · Bollinger Bands · MT4 Indicator · MQL4 Source Code