MTF PSAR Indicator For MT4
Table Of Contents:
- MTF PSAR Indicator For MT4
- Installing the MTF PSAR Indicator For MT4
- Parameters of the MTF PSAR Indicator For MT4
- Buffers of the MTF PSAR Indicator For MT4
- Main Parts Of The Code
The MTF PSAR Indicator For MT4 is an edited version of the popular Parabolic Stop and Reverse (PSAR) indicator. The MTF PSAR Indicator For MT4 is overlaid on a price chart as a series of dots. When these dots appears below price, the SAR is deemed as a bullish signal, whereas when it gets plotted above price, the trend is considered to be bearish. Signals generated by the MTF PSAR Indicator For MT4 are used to place stop losses and profit targets.
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Installing the MTF PSAR Indicator For MT4
After you downloaded the indicator via the form above you need to unzip the zip-file. Then you need to copy the file mMTF_PSar.mq4 into the folder MQL4\Indicators of your MT4 installation. After that please restart MT4 and then you will be able to see the indicator in the list of indicators.
Parameters of the MTF PSAR Indicator For MT4
The MTF PSAR Indicator For MT4 has 3 parameters to configure.
extern int TimeFrame=0; extern double Step=0.02; extern double Maximum=0.2; Buffers of the MTF PSAR Indicator For MT4
The MTF PSAR Indicator For MT4 provides 1 buffers.
SetIndexBuffer(0,ExtMapBuffer1); Main Parts Of The Code
int start() { datetime TimeArray[]; int i,y=0; // Plot defined time frame on to current time frame ArrayCopySeries(TimeArray,MODE_TIME,Symbol(),TimeFrame); int counted_bars = IndicatorCounted(); if(counted_bars lt 0) return(-1); if(counted_bars gt 0) counted_bars--; int limit = Bars - counted_bars; if(counted_bars==0) limit--; for(i=0,y=0;i lt limit;i++) { if (Time[i] lt TimeArray[y]) y++; ExtMapBuffer1[i]=iSAR(NULL,TimeFrame,Step,Maximum,y); } //---- return(0); } //+------------------------------------------------------------------+
