2 Ema Color Alerts Indicator
2 Ema Color Alerts Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around moving averages and alerts. Its source code uses moving averages. It can send alerts. It has 6 settings, for example Fast (default 49), Slow (default 89) and Mode (default MODE_EMA). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About 2 Ema Color Alerts Indicator
2 Ema Color Alerts Indicator is an indicator for MetaTrader 4 based on Moving Average. It can alert you with a pop-up, sound, email or push message. It has 6 settings, such as Fast, Slow and Mode. MQL source code included.
Files in the download: 2-ema-color-alerts-indicator.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast | 49 | |
| Slow | 89 | |
| Mode | MODE_EMA | |
| Price | PRICE_CLOSE | |
| Signalbar | 1 | |
| Sound file | alert2.wav | "stops.wav" //"news.wav" //"expert.wav" //"Trumpet.wav"; // |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Moving Average · Alerts · MT4 Indicator · MQL4 Source Code