Hi,
This is updated trend indicator oscillator it showing you strength of bulls and bears on a chart.
Tired of guessing? Switch to a systematic edge.
β’ π Never miss a signal β get real-time alerts on-chart, via sound, email, push, or Telegram. Enter on time, don't chase the move.⒠𧩠Build your edge β combine trend, oscillator & level filters to create your unique entry logic. Your strategy, your rules.
β’ π― Signals that stay put β fair, non-repainting logic means what you see now is what you trade later. Use history for analysis, not for second-guessing.
β’ π² Freedom to focus on important β away from the terminal, but with alerts. Trade your time, not just charts: family, work, life β untethered from the screen.
Premium Features
Projectreaper Connect
Projectreaper alert indicators have the ability to share their signals with each other to create more accurate trading alerts.
In the settings of our alert indicators, there is a parameter called Indicator_Mode, which switches the indicator modes:
π Learn how to use: Combine Multiple Signal Indicators Guide
Trend & Oscillator Filters
All filters can be used in various combinations to refine indicator signals. Mix and match freely for your unique strategy.
Trend Filters Parameters
Oscillator Filters Parameters
π Full guide: Trend & OS Filters Update
Parabolic SAR Filter
Filter signals by Parabolic SAR cross with timeframe flexibility.
Filters connect in parallel to the main signal for custom strategy building based on price vs. PSAR position.
π Tutorial: Parabolic SAR Filter Guide
Daily Levels Filter
Filter signals using current & previous day price levels (Open, High, Low, Close, Median).
π Guide: Day Levels Filter Update
Weekly Levels Filter
Filter signals using current & previous week price levels.
π Guide: Week Levels Filter Update
Monthly Levels Filter
Filter signals using current & previous month price levels.
π Guide: Month Levels Filter Update
Pips Tags
Display potential price movement in pips from the last signal β shift focus from candle patterns to actual price action.
π Setup: Pips Tags Guide
Stop Loss & Take Profit Levels
Auto-display SL levels + 3 TP levels calculated from risk ratio.
π‘ Tip: Set Min=Max for fixed SL/TP values.
π Guide: SL/TP Indicators Update
MetaTrader 4 β Telegram Alerts
Receive indicator signals directly in Telegram β no extra software needed.
β Simple setup: Just paste your alert code into TelegramCode and enable TelegramAlerts.
π Full tutorial: MT4 to Telegram Setup Guide
Settings :
CalculationPeriod – amount of bars to calculate
Method – formula to calculate indicator
Price – price type
IndicatorSmooth – amount of smooth (1-off)
IndicatorSmoothMethod – smooth formula
Trendthreshold – trend strength sensitivity threshold
DrawBars – amount of bars to draw indicator data
Alerts
PopupAlert – enable terminal alert windows
SoundAlert – enable sound alerts
ArrowsOnChart – enable draw arrows on price chart
IndicatorArrows – enable draw arrows on indicator sub window
SMSPushAlert – Push alerts to your phone
EmailAlert – Email alerts to your phone
Style
Buy_ArrowColor – color of buy arrows
Sell_ArrowColor – color of sell arrows
Arrows_Width – width of signal arrows
How to install :
1. Download file
2. Unzip archive and copy the MQL4 folder from the archive to your terminal Data folder
3. Restart terminal and apply the indicator to a chart
4. Register a valid email with single time donation or log in with previously registered email address.
5. You can switch your broker account any time you need by logging in with previously registered email address
How to find Data folder :
in the terminal click File menu – Open Data Folder
Good trading!
Copyright Β© 2015 - 2026 Β· Created by MQLDev
All your indicators, which you have labored to code, seem to have distinct benefits. I am humbled to be able to use them for FREE, thank you so much!
If I would ask anything of you it would be for a series of blog posts about how you would combine some of these and come of with angles for a trading system of that nature. Respecting your time, if such a thing never happens, it is fine.
All the best! ~tux
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