DKX Arrows & Alerts (MT4)
DKX Arrows & Alerts wraps a DKX trend baseline with entry arrows and multi‑event alerts. It’s built for cleaner trend‑following, first‑pullback entries, and simple risk rules in MetaTrader 4.
What it shows
- DKX line — directional/quality baseline with slope/flip logic.
- Arrows/dots — pullback‑to‑trend and flip signals (if enabled).
- Alerts — slope flips, arrow prints, level/zone events.
Trade ideas
- Slope = bias: trade long while the DKX slopes up; short while it slopes down.
- First pullback after flip: wait for a retrace that respects the DKX line and take the arrow in trend direction.
- Scale with structure: add on HL (uptrend) or LH (downtrend) while slope persists.
- (Optional) Exit/risk: trail beyond the DKX or the last opposite swing.
Inputs that matter
- Base length / smoothing — responsiveness vs smoothness.
- Price source — Close/HL2/Median/Typical, etc.
- Signals — arrow/dot logic for flips & pullbacks.
- Alerts — flip, arrow, level touch.
- Colors/widths — fast visual read.
Suggested usage
- M5–M15: intraday trend‑following with higher‑TF bias.
- M30–H4: swing continuations and add‑ons.
- Daily+: portfolio trend filter.
Installation (MT4)
- Open MetaTrader 4 → File → Open Data Folder.
- Copy
dkx-arrows-alerts-indicator.ex4
to MQL4/Indicators. - Restart MT4 (or refresh Navigator) and attach DKX Arrows & Alerts.
- Tweak inputs → OK.
FAQ
Does it repaint? No on closed bars; arrows confirm at candle close.
Use in EAs? Yes, via iCustom
.
Markets? FX, indices, metals — anything on MT4.
Disclaimer: Test on a demo account first; risk management is essential.