Forex Deviations No Lag MA NMC Indicator
From the Old Kings archive: Forex Deviations No Lag MA NMC Indicator, an indicator for MetaTrader 4. Judging by its name, it is built around moving averages. In the code it works with moving averages. It has 3 settings, for example price (default PRICE_CLOSE), Nlm Period (default 14) and mode (default MODE_Average). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Deviations No Lag MA NMC Indicator
Forex Deviations No Lag MA NMC Indicator is an indicator for MetaTrader 4 based on Moving Average. It has 3 settings, such as Price, Nlm period and Mode. MQL source code included.
Files in the download: deviations_of_nonlagma_nmc.ex4, deviations_of_nonlagma_nmc.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Price | PRICE_CLOSE | |
| Nlm period | 14 | Period or timeframe used by the calculation |
| Mode | MODE_Average |
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 · MT4 Indicator · MQL4 Source Code