Digital MA2 Color 4
This Old Kings indicator for MetaTrader 4 is called Digital MA2 Color 4. In the code it works with moving averages. It draws arrows on the chart and can send alerts. It has 10 settings, for example Signal Period (default 28), NR SLIPE (default 3) and Filter Number (default 3.0). 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 Digital MA2 Color 4
Digital MA2 Color 4 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 10 settings, such as Signal period, Nr slipe and Filter number. MQL source code included.
Files in the download: Digital MA2Color.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Signal period | 28 | Period or timeframe used by the calculation |
| Nr slipe | 3 | |
| Filter number | 3.0 | |
| Line width | 3 | |
| Bars to draw line | 10000 | |
| Skip single bar signal | FALSE | |
| A take profit | 150 | Take profit distance |
| A stop loss | 150 | Stop loss distance |
| A alerts | TRUE | Turn this alert on or off |
| Email on | TRUE | Turn this alert on or off |
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: Buy/Sell Arrows · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code