Torgoviy Metod
Torgoviy Metod — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses moving averages and Bollinger Bands. It draws arrows on the chart and can send alerts. It has 16 settings, for example Length (default 20), Deviation (default 2) and Money Risk (default 1.00). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 6 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 Torgoviy Metod
Torgoviy Metod is an indicator for MetaTrader 4 based on Moving Average and Bollinger Bands. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 16 settings, such as Length, Deviation and Money risk. MQL source code included.
Files in the download: avangard gbp.tpl, BBands_Stop_v1.ex4, BBands_Stop_v1.mq4, DPO.ex4, DPO.mq4, xpMA.ex4, xpMA.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Length | 20 | Bollinger Bands Period |
| Deviation | 2 | Deviation was 2 |
| Money risk | 1.00 | Offset Factor |
| Signal | 1 | Display signals mode: 1-Signals & Stops; 0-only Stops; 2-only Signals; |
| Line | 1 | Display line mode: 0-no,1-yes |
| Nbars | 1000 | |
| Sound on | true | Turn this alert on or off |
| X prd | 14 | |
| Count bars | 300 | |
| Ma period | 24 | Period or timeframe used by the calculation |
| Ma type | MODE_TEMA | |
| Ma applied | PRICE_CLOSE | |
| T3 ma volume factor | 0.8 | |
| Jma phase | 0 | |
| Step period | 4 | Distance between orders |
| Debug mode | false |
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 · Bollinger Bands · MT4 Indicator · MQL4 Source Code