What is Wintergatan_S?
Wintergatan_S is an MT4 signal tool that reads the deviation between price and a moving average. The wicks of the candles are also used in the calculation.
How to use Wintergatan_S
Arrows appear when price stretches away from the moving average and the candle leaves a wick. The default prints a relatively high number of them.
Where it helps
Assess how far a move has run from its averaged reference
Review counter-trend entries flagged directly on the candles
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 |
|---|---|
| EMA Period | Sets the period of the EMA. |
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.
