EMA Angle Zero Alert
This Old Kings indicator for MetaTrader 4 is called EMA Angle Zero Alert. Its name points to moving averages and alerts. In the code it works with moving averages. It has 5 settings, for example Do Alert (default true), EMAPeriod (default 34) and Angle Treshold (default 0.2). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Zero Alert
EMA Angle Zero Alert is an indicator for MetaTrader 4 based on Moving Average. It has 5 settings, such as Do alert, Ema period and Angle treshold. MQL source code included.
Files in the download: EMAAngleZeroAlert(1).mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Do alert | true | Turn this alert on or off |
| Ema period | 34 | Period or timeframe used by the calculation |
| Angle treshold | 0.2 | |
| 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 · Alerts · MT4 Indicator · MQL4 Source Code