Forex Demarker Custom Histogram Indicator
From the Old Kings archive: Forex Demarker Custom Histogram Indicator, an indicator for MetaTrader 4. In the code it works with an oscillator. It has 3 settings, for example De Marker Period (default 14), value1 (default 0.55) and value2 (default 0.45). 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 Demarker Custom Histogram Indicator
Forex Demarker Custom Histogram Indicator is an indicator for MetaTrader 4 based on Oscillator. It has 3 settings, such as De marker period, Value1 and Value2. MQL source code included.
Files in the download: demarker_custom.ex4, demarker_custom.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| De marker period | 14 | Period or timeframe used by the calculation |
| Value1 | 0.55 | |
| Value2 | 0.45 |
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: Oscillator · MT4 Indicator · MQL4 Source Code