Forex Bb Sq Os MA Indicator
From the Old Kings archive: Forex Bb Sq Os MA Indicator, an indicator for MetaTrader 4. Judging by its name, it is built around moving averages. In the code it works with MACD and ATR. It draws arrows on the chart. It has 8 settings, for example bol Prd (default 20), bol Dev (default 2.0) and kelt Prd (default 10). 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 Forex Bb Sq Os MA Indicator
Forex Bb Sq Os MA Indicator is an indicator for MetaTrader 4 based on MACD and ATR. It draws buy and sell arrows on the chart. It has 8 settings, such as Bol prd, Bol dev and Kelt prd. MQL source code included.
Files in the download: BbSq-OsMA.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Bol prd | 20 | |
| Bol dev | 2.0 | |
| Kelt prd | 10 | |
| Kelt factor | 1.2 | |
| Fast ema | 12 | |
| Slow ema | 26 | |
| Signal sma | 9 | |
| Histo | 2 |
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 · Buy/Sell Arrows · MACD · ATR · MT4 Indicator · MQL4 Source Code