Uni Zig Zag Channel V1.9 600
This Old Kings indicator for MetaTrader 4 is called Uni Zig Zag Channel V1.9 600. Its name points to the ZigZag swing tracer and price channels. The file name marks it as version 1.9.600. In the code it works with moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 21 settings, for example Time Frame (default 0), Up Band Price (default 2) and Lo Band Price (default 3). 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 · v1.9 · Free
About Uni Zig Zag Channel V1.9 600
Uni Zig Zag Channel V1.9 600 is an indicator for MetaTrader 4 based on Moving Average and ATR. 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 21 settings, such as Time frame, Up band price and Lo band price. MQL source code included.
Files in the download: UniZigZagChannel_v1.9 600+.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 0 | Timeframe |
| Up band price | 2 | Upper Band Price |
| Lo band price | 3 | Lower Band Price |
| Break out mode | 0 | Breakout Mode |
| Reversal value | 12 | Reversal Value according to Retrace Method |
| Retrace method | 0 | Retrace Method |
| At rperiod | 50 | ATR period (RetraceMethod=3) |
| Show zig zag | true | Show ZigZag |
| Show signals | true | Show Signals |
| Show price channel | true | ShowPriceChannel |
| Zig zag channel mode | 1 | ZigZag Channel Mode |
| Alerts | ==== Alerts & Emails: ==== | Turn this alert on or off |
| Alert on | false | Turn this alert on or off |
| Alert shift | 1 | Alert Shift:0-current bar,1-previous bar |
| Sounds number | 5 | Number of sounds after Signal |
| Sounds pause | 5 | Pause in sec between sounds |
| Up trend sound | alert.wav | Turn this alert on or off |
| Dn trend sound | alert2.wav | Turn this alert on or off |
| Email on | false | Turn this alert on or off |
| Emails number | 1 | Turn this alert on or off |
| Push notification on | false | 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: ZigZag · Channels & Envelopes · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code