Trendchaser Super
This Old Kings indicator for MetaTrader 4 is called Trendchaser Super. In the code it works with Parabolic SAR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 5 settings, for example Alerts Enabled (default false), Step (default 0.06) and Maximum (default 0.2). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 3 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 Trendchaser Super
Trendchaser Super is an indicator for MetaTrader 4 based on Parabolic SAR. 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 5 settings, such as Alerts enabled, Step and Maximum. MQL source code included.
Files in the download: Parabolic trendchaser.mq4, trendchaser_super_ea_v32.ex4, trendchaser_super_ea_v9.1.ex4, Install.txt, trendchaser-super.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Alerts enabled | false | Turn this alert on or off |
| Step | 0.06 | was .01 |
| Maximum | 0.2 | |
| Precision | 7 | |
| Time frame | 0 | Period or timeframe used by the calculation |
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 · Multi-Timeframe (MTF) · Parabolic SAR · MT4 Indicator · MQL4 Source Code