Little Warrior Indicator - Advanced Market Strength Analyzer

"Small But Mighty - Let This Warrior Guide Your Trading Battles!"

📌 Overview

The Little Warrior indicator is a multi-timeframe market strength oscillator for MetaTrader 4. It analyzes price action across different timeframes to identify trend strength and potential reversal points, displayed as colored histograms.

Developed by R.KH 1001 and available on RoboMQL, this tool is perfect for traders who want to confirm trends and spot divergences.

⚙️ How It Works

The indicator uses:

Multi-timeframe price analysis (customizable primary/secondary timeframes)

Weighted close price calculations near swing highs/lows

Ratio comparison between bullish/bearish pressure

It plots two histograms:

Gold bars (UP) → Bullish strength

Purple bars (DN) → Bearish strength

Key Features:

✅ Multi-Timeframe Analysis – Compare trends across different periods

✅ Customizable Sensitivity – Adjust lookback period and signal levels

✅ Multiple Alert Options – Sound, email, and popup notifications

✅ Flexible Data Sources – Works with real-time or historical data

✅ Clear Visual Signals – Histogram colors change with market bias

🔧 Indicator Settings

Core Parameters:

ParameterDescriptionDefault Value

LenCalculation period length15

HistoryBarsNumber of historical bars to analyze2345

UrovenSignalSignal threshold level5.0

TF1/TF2Primary/Secondary timeframesPERIOD_CURRENT

Data Mode Options:

| ModeHL | Use High/Low prices (true) or Open/Close (false) | true |

| ModeOnline | Real-time calculations | true |

| ModeinFile | Save data to file | false |

| ModeHistory | Use historical data file | false |

Alert Settings:

| alert | Enable popup alerts | false |

| sound | Enable sound alerts | false |

| email | Enable email alerts | false |

| GV | Store values in global variables | false |

📈 Trading Strategies

1. Trend Confirmation

Strong uptrend → When gold (UP) histogram dominates

Strong downtrend → When purple (DN) histogram dominates

2. Reversal Signals

Watch for histogram crosses of the signal level (5.0)

Look for divergences between price and indicator

3. Multi-Timeframe Analysis

Set TF1 to higher timeframe for trend direction

Use TF2 for entry timing on lower timeframe

🔔 Alert Conditions

The indicator can trigger alerts when:

UP histogram crosses above signal level (bullish)

DN histogram crosses above signal level (bearish)

Customize alerts via: sound, email, or popup notifications

📌 Final Notes

The Little Warrior excels at:

Trend identification across multiple timeframes

Objective strength measurement (removes emotional bias)

Flexible customization for different trading styles

Best used:

With price action confirmation

In conjunction with support/resistance levels

For both trending and ranging markets

🔹 Developer: R.KH 1001

🔹 Source: RoboMQL

"Big Profits Come in Small Packages - Trade with the Precision of a Warrior!" ⚔️💰