Uni Trend Noise Balance
Uni Trend Noise Balance — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is following the trend. Its source code uses moving averages. It can send alerts and can read another timeframe. It has 26 settings, for example Time Frame (default 0), Math Mode (default MACD) and Price (default close). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 2 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 Uni Trend Noise Balance
Uni Trend Noise Balance is an indicator for MetaTrader 4 based on Moving Average. It can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 26 settings, such as Time frame, Math mode and Price. MQL source code included.
Files in the download: UniTrendNoiseBalance_v1.1 600+.ex4, UniTrendNoiseBalance_v1.1 600+.mq4, UniTrendNoiseBalance_white.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 0 | TimeFrame |
| Math mode | MACD | Math Mode |
| Price | close | Applied to |
| Length | 15 | Period |
| Pre smooth | 7 | Pre-Smoothing Period |
| Smooth | 1 | Smoothing Period |
| Trend period | 4 | Scalar Trend Period |
| Noise period | 250 | Scalar Noise Period |
| Pole | 1 | Pole:1-EMA,2-DEMA,3-TEMA,4-QEMA... |
| Order | 1 | Smoothing Order(min. 1) |
| Weight factor | 2 | Weight Factor (ex.Wilder=1,EMA=2) |
| Damping factor | 0.5 | Damping Factor |
| Level1 | 50 | Weak Trend Level |
| Level2 | 65 | Moderate Trend Level |
| Level3 | 80 | Strong Trend Level |
| Show in color | false | Show in color |
| Scale mode | scale1 | Scale Mode |
| Alerts | === Alerts & Emails === | Turn this alert on or off |
| Alert on | false | Turn this alert on or off |
| Alert shift | 1 | Turn this alert on or off |
| Sounds number | 5 | Number of sounds after Signal |
| Sounds pause | 5 | Pause in sec between sounds |
| Up sound | alert.wav | Turn this alert on or off |
| Dn sound | alert2.wav | Turn this alert on or off |
| Email on | false | Turn this alert on or off |
| Emails number | 1 | Number of Emails after Signal |
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 · Alerts · Multi-Timeframe (MTF) · Moving Average · MT4 Indicator · MQL4 Source Code