Trendsignal
Trendsignal is an indicator for MetaTrader 4 from the Old Kings collection. It draws arrows on the chart and can send alerts. It has 8 settings, for example RISK (default 3), Count Bars (default 350) and Alert Delay In Seconds (default 0). Load it on a demo chart and check whether its signals repaint before trusting them. 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 · v1.0 · Free
About Trendsignal
Trendsignal is an indicator for MetaTrader 4. 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 RISK, Count bars and Alert delay in seconds. MQL source code included.
Files in the download: trendsignal.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| RISK | 3 | Risk per trade (percent of balance) |
| Count bars | 350 | |
| Alert delay in seconds | 0 | Turn this alert on or off |
| Enablemail | False | Turn this alert on or off |
| Subject up | Buy signal | |
| Subject down | Sell signal | |
| Text up | Long | |
| Text down | Short |
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 · MT4 Indicator · MQL4 Source Code