Forex Bollinger Bands MACD CCT Indicator
Forex Bollinger Bands MACD CCT Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is MACD (moving average convergence / divergence) and Bollinger Bands. Its source code uses moving averages. It draws arrows on the chart. It has 4 settings, for example Fast Len (default 144), Slow Len (default 233) and Length (default 21). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Bollinger Bands MACD CCT Indicator
Forex Bollinger Bands MACD CCT Indicator is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart. It has 4 settings, such as Fast len, Slow len and Length. MQL source code included.
Files in the download: BB_MACD_CCT.ex4, BB_MACD_CCT.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast len | 144 | |
| Slow len | 233 | |
| Length | 21 | |
| St dv | 1.1 |
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 · Bollinger Bands · Buy/Sell Arrows · Moving Average · MT4 Indicator · MQL4 Source Code