Alex5757000 Multi Moving Average
From the Old Kings archive: Alex5757000 Multi Moving Average, an indicator for MetaTrader 4. As the name suggests, the idea behind it is moving averages. In the code it works with moving averages. It draws arrows on the chart and can send alerts. It has 36 settings, for example MA1 (default The input parameters of ), MA1 Period (default 13) and MA1 Mode (default MODE_EMA). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Alex5757000 Multi Moving Average
Alex5757000 Multi Moving Average is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 36 settings, such as MA1, Ma1 period and Ma1 mode. MQL source code included.
Files in the download: Alex5757000_-_Multi_Moving_Average.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| MA1 | The input parameters of the 1st Moving A | |
| Ma1 period | 13 | Averaging period. |
| Ma1 mode | MODE_EMA | Averaging method. |
| Ma1 price | PRICE_MEDIAN | The type of the price used for calculaton of Moving Average. |
| MA2 | The input parameters of the 2nd Moving A | |
| Ma2 period | 34 | Period or timeframe used by the calculation |
| Ma2 mode | MODE_EMA | |
| Ma2 price | PRICE_MEDIAN | |
| MA3 | The input parameters of the 3rd Moving A | |
| Ma3 period | 55 | Period or timeframe used by the calculation |
| Ma3 mode | MODE_EMA | |
| Ma3 price | PRICE_MEDIAN | |
| MA4 | The input parameters of the 4th Moving A | |
| Ma4 period | 89 | Period or timeframe used by the calculation |
| Ma4 mode | MODE_EMA | |
| Ma4 price | PRICE_MEDIAN | |
| Visual | Display parameters | |
| Wingdings | 0 -rectangles, 1 - arrows | |
| Bar wingdings | 0 | |
| Bar width | 0 | |
| Bar color up | DeepSkyBlue | Colour on the chart |
| Bar color down | Red | Colour on the chart |
| P1 position | 4 | |
| P2 position | 3 | |
| P3 position | 2 | |
| P4 position | 1 | |
| Gap | 0.6 | |
| Set label | Labels setting | |
| Show label | true | |
| V label | Vertical shift for text labels | |
| V shift | 0.5 | Bar shift (0 = current bar) |
| H label | Horizontal shift for text labels | |
| H shift | 20 | Bar shift (0 = current bar) |
| Up dn | Moving average direction relative to the | |
| Text color up | DeepSkyBlue | Colour on the chart |
| Text color down | Red | Colour on the chart |
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 · Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code