Trend Master Forex Indicator V1.1
This Old Kings indicator for MetaTrader 4 is called Trend Master Forex Indicator V1.1. Judging by its name, it is built around following the trend. The file name marks it as version 1.1. In the code it works with divergence checks and MACD. It draws arrows on the chart and can send alerts. It has 8 settings, for example separator1 (default *** MACD Settings ***), fast EMA (default 12) and slow EMA (default 26). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file 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 · v1.1 · Free
About Trend Master Forex Indicator V1.1
Trend Master Forex Indicator V1.1 is an indicator for MetaTrader 4 based on Divergence and MACD. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 8 settings, such as Separator1, Fast ema and Slow ema. MQL source code included.
Files in the download: TrendMaster_Forex_Indicator_V1.1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Separator1 | *** MACD Settings *** | |
| Fast ema | 12 | |
| Slow ema | 26 | |
| Signal sma | 9 | |
| Separator2 | *** Indicator Settings *** | |
| Draw indicator trend lines | true | |
| Draw price trend lines | true | |
| Display alert | true | 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: Trend · Buy/Sell Arrows · Alerts · Divergence · MACD · MT4 Indicator · MQL4 Source Code