Forex Awesome Accelerator Divergence Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Awesome Accelerator Divergence Indicator. Its name points to the Awesome Oscillator and divergence between price and an oscillator. In the code it works with divergence checks and moving averages. It draws arrows on the chart. It has 4 settings, for example Bullish (default MediumSeaGreen), Bearish (default Orange) and Short MA (default 5). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 2 indicator files 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 Forex Awesome Accelerator Divergence Indicator
Forex Awesome Accelerator Divergence Indicator is an indicator for MetaTrader 4 based on Divergence and Moving Average. It draws buy and sell arrows on the chart. It has 4 settings, such as Bullish, Bearish and Short ma. MQL source code included.
Files in the download: ao_divergence.ex4, ao_divergence.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Bullish | MediumSeaGreen | |
| Bearish | Orange | |
| Short ma | 5 | |
| Long ma | 34 |
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: Divergence · Buy/Sell Arrows · Moving Average · MT4 Indicator · MQL4 Source Code