Venom
Venom is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses the Stochastic oscillator, moving averages and Bollinger Bands. It can send alerts. It has 2 settings, for example indi name (default Third Wave FX VENOM - Wi) and Venom Alert (default TRUE). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 Venom
Venom is an indicator for MetaTrader 4 based on Stochastic, Moving Average and Bollinger Bands. It can alert you with a pop-up, sound, email or push message. It has 2 settings, such as Indi name and Venom alert. MQL source code included.
Files in the download: VENOM A.mq4, VENOM B.mq4, venom-indicators.tpl, venom manual.pdf.
Settings
| Setting | Default | What it does |
|---|---|---|
| Indi name | Third Wave FX VENOM - Window 2 | |
| Venom 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: Alerts · Stochastic · Moving Average · Bollinger Bands · MT4 Indicator · MQL4 Source Code