What is Kingfisher's Net MTF nrp?
Kingfisher's Net MTF nrp is an MT4 sub-window oscillator that plots how far price sits from the median of a fixed period. The plot makes overbought and oversold conditions visible.
How to use Kingfisher's Net MTF nrp
Buy and sell arrows appear when the plot crosses its center zero level. A higher timeframe version of the same plot can be layered on the current one.
Where it helps
Confirm a new signal through a pop-up or email notification
Compare overbought and oversold stretches in one sub-window
Assess the strength of a move from its distance to the median
MT4 Indicator Parameters
The table below lists the available MT4 indicator parameters. You can customize these options in the MetaTrader Inputs dialog to match your trading preferences.
| Parameter | Description |
|---|---|
| period | Sets the base period used by the indicator; a larger value produces a smoother plot that reacts more slowly. |
| smooth | Sets the coefficient that controls how smoothly the line is drawn. |
| UseHTFFisher | Controls whether the higher timeframe reading is used. |
| HTF | Selects which higher timeframe is used when the higher timeframe reading is enabled. |
| HTFperiod | Sets the period applied to the higher timeframe reading. |
| HTFsmooth | Sets the smoothing coefficient applied to the higher timeframe line. |
| DoAlert | Controls whether an alert is raised when a signal occurs. |
| alertMail | Controls whether an email alert is sent. |
| ShowArrows | Controls whether the buy and sell arrows are drawn on the chart. |
| BuyArrowColor | Sets the color of the buy arrow. |
| SellArrowColor | Sets the color of the sell arrow. |
| BuyArrowCode | Sets the Wingdings character code that shapes the buy arrow. |
| SellArrowCode | Sets the Wingdings character code that shapes the sell arrow. |
| ArrowSize | Sets the size of the arrows. |
| ATRMultiplier | Sets the ATR-based coefficient used to filter the signals. |
The screenshot above shows the default input parameters in the MT4 settings window.
How to Install .ex4 Indicator in MetaTrader 4
- Download the ZIP file and extract it.
- In MT4, select File → Open Data Folder.
- Open MQL4 → Indicators and copy the EX4 or MQ4 file into it.
- If the package includes library files, copy them to MQL4 → Libraries. Copy TPL files to the top-level templates folder.
- Restart MT4, find the indicator in the Navigator, and drag it onto a chart.
Test the tool on a demo account first. File contents and required folders can vary between packages.
