Forex Awesome MA MACD Swing Trading Strategy
From the Old Kings archive: Forex Awesome MA MACD Swing Trading Strategy, an indicator for MetaTrader 4. Its name points to the Awesome Oscillator, MACD (moving average convergence / divergence) and moving averages. In the code it works with the Stochastic oscillator, moving averages and fractals. It draws arrows on the chart, can send alerts and can read another timeframe. It has 35 settings, for example Time Frame (default 1440), KPeriod (default 10) and DPeriod (default 3). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 19 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 MA MACD Swing Trading Strategy
Forex Awesome MA MACD Swing Trading Strategy is an indicator for MetaTrader 4 based on Stochastic, Moving Average and Fractals. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 35 settings, such as Time frame, K period and D period. MQL source code included.
Files in the download: #MTF_Stochastic.ex4, #MTF_Stochastic.mq4, Alert Indicator.ex4, Alert Indicator.mq4, #Signal_Bars_v6.ex4, b-clock modified.ex4, b-clock modified.mq4, BW-Zone_var.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 1440 | Period or timeframe used by the calculation |
| K period | 10 | Period or timeframe used by the calculation |
| D period | 3 | Period or timeframe used by the calculation |
| Slowing | 3 | |
| Ma method | 0 | |
| Price field | 0 | |
| Faster mode | 1 | 0=sma, 1=ema, 2=smma, 3=lwma |
| Faster ma | 5 | |
| Slower mode | 0 | 0=sma, 1=ema, 2=smma, 3=lwma |
| Slower ma | 10 | |
| Clock color | White | Colour on the chart |
| Fast ma | 5 | |
| Slow ma | 34 | |
| Sig ma | 5 | |
| Fast ma method | 0 | |
| Slow ma method | 0 | |
| Sig ma method | 0 | |
| Fast ma price | 4 | |
| Slow ma price | 4 | |
| Note price | 0C 1O 2H 3L 4Md 5Tp 6WghC: Md(HL/2)4,Tp( | |
| Ma method | SMA0 EMA1 SMMA2 LWMA3 | |
| Show local | True | |
| Corner | 1 | |
| Top off | 105 | |
| Label color | LemonChiffon | Colour on the chart |
| Clock color | White | Colour on the chart |
| Show12 hour time | True | |
| Show tokyo | True | |
| Show london | True | |
| Show new york | True | |
| Show gmt | True | |
| Alerts | false | Turn this alert on or off |
| Risk model | 4 | Risk per trade (percent of balance) |
| MA1 | 144 | |
| MA2 | 169 |
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: MACD · Moving Average · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Stochastic · Fractals · MT4 Indicator · MQL4 Source Code