Trend Magic Signal System
Trend Magic Signal System — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is following the trend and buy / sell signals on the chart. Its source code uses MACD, RSI and the Stochastic oscillator. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Time Frame (default Current time frame), Phase (default 0) and mode (default 1). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 18 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 Trend Magic Signal System
Trend Magic Signal System is an indicator for MetaTrader 4 based on MACD, RSI and Stochastic. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as Time frame, Phase and Mode. MQL source code included.
Files in the download: adaptive Gann High-Low activator jma Heiken Ashi arrows-1_2.0.ex4, adaptive Gann High-Low activator jma Heiken Ashi arrows-1_2.0.mq4, BBand Stop.ex4, BBand Stop.mq4, BUY-SELL.SIGNAL.ex4, BUY-SELL.SIGNAL.mq4, Currency Strength Meter.ex4, ForexWOT.Com [Trading Rules].url ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Phase | 0 | |
| Mode | 1 | |
| Price | PRICE_MEDIAN | |
| Smooth | 5 | |
| Show arrows | false | |
| Arrows distance | 1.0 | Distance between orders |
| Alerts on | false | Turn this alert on or off |
| Alerts on current | true | 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 |
| Interpolate | true | |
| S v | -- Show Indi Value -- | |
| Show value | false | |
| Text color | White | Colour on the chart |
| Font size | 9 | |
| Font name | Verdana | |
| Channel period | 9 | Period or timeframe used by the calculation |
| Risk | 0.30 | Risk per trade (percent of balance) |
| Signal | 1 | |
| Line | 1 | |
| Nbars | 1000 | |
| Fast ema | 13 | |
| Slow ema | 21 | |
| Rsi period | 9 | Period or timeframe used by the calculation |
| Alerts | TRUE | Turn this alert on or off |
| Rsioma | 14 | |
| Rsioma mode | MODE_EMA | |
| Rsioma price | PRICE_CLOSE | |
| Buy trigger | 80.00 | |
| Sell trigger | 20.00 | |
| Buy trigger color | DodgerBlue | Colour on the chart |
| Sell trigger color | Magenta | Colour on the chart |
| Main trend long | 70.00 | |
| Main trend short | 30.00 | |
| Main trend long color | Red | Colour on the chart |
| Main trend short color | Green | Colour on the chart |
| Major trend | 50 | |
| Marsioma x sig color | SlateBlue | Colour on the chart |
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 · Trend · Alerts · Multi-Timeframe (MTF) · MACD · RSI · Stochastic · MT4 Indicator · MQL4 Source Code