Forex Bollinger Bands MACD MTF Alerts Indicator
Forex Bollinger Bands MACD MTF Alerts Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around MACD (moving average convergence / divergence), Bollinger Bands and alerts. Its source code uses moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 21 settings, for example Time Frame (default Current time frame), For Symbol and Fast Cycles (default 0.5). Load it on a demo chart and check whether its signals repaint before trusting them. 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 MTF Alerts Indicator
Forex Bollinger Bands MACD MTF Alerts Indicator is an indicator for MetaTrader 4 based on Moving Average and ATR. 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 21 settings, such as Time frame, For symbol and Fast cycles. MQL source code included.
Files in the download: bb_macd_nrp_-_pa_-_mtf_amp_alerts_-_choosable_symbol.ex4, bb_macd_nrp_-_pa_-_mtf_amp_alerts_-_choosable_symbol.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current time frame | Period or timeframe used by the calculation |
| For symbol | ||
| Fast cycles | 0.5 | |
| Fast filter | 1.0 | |
| Slow cycles | 1.0 | |
| Slow filter | 1.0 | |
| Length | 10 | |
| St dv | 1.0 | |
| Draw dots | False | |
| Arrows visible | false | |
| Arrows show break out | true | |
| Arrows show retrace | true | |
| Arrows identifier | bb macd arrows | |
| Arrows up color | DeepSkyBlue | Colour on the chart |
| Arrows dn color | Red | Colour on the chart |
| Alerts on | false | Turn this alert on or off |
| Alerts on current | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Interpolate | true |
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 · Multi-Timeframe (MTF) · Alerts · Buy/Sell Arrows · Moving Average · ATR · MT4 Indicator · MQL4 Source Code