EMA Angle 2
EMA Angle 2 — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to moving averages. Its source code uses moving averages. It has 4 settings, for example EMAPeriod (default 120), Angle Treshold (default 0.32) and Start EMAShift (default 6). 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 EMA Angle 2
EMA Angle 2 is an indicator for MetaTrader 4 based on Moving Average. It has 4 settings, such as Ema period, Angle treshold and Start ema shift. MQL source code included.
Files in the download: EMAAngle.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ema period | 120 | Period or timeframe used by the calculation |
| Angle treshold | 0.32 | |
| Start ema shift | 6 | Bar shift (0 = current bar) |
| End ema shift | 0 | Bar shift (0 = current bar) |
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 · MT4 Indicator · MQL4 Source Code