Forex Di Napoli Price Oscillator Indicator
From the Old Kings archive: Forex Di Napoli Price Oscillator Indicator, an indicator for MetaTrader 4. In the code it works with moving averages. It has 16 settings, for example 0 (default Period of average), DPOPeriod (default 7) and 1 (default Type of average: SMA - 0). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Di Napoli Price Oscillator Indicator
Forex Di Napoli Price Oscillator Indicator is an indicator for MetaTrader 4 based on Moving Average. It has 16 settings, such as 0, Dpo period and 1. MQL source code included.
Files in the download: Detrended_Price_Oscillator.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| 0 | Period of average | |
| Dpo period | 7 | Period or timeframe used by the calculation |
| 1 | Type of average: SMA - 0, EMA - 1, SMMA | |
| Ma type | 0 | |
| 2 | Type of price: close - 0, open - 1, high | |
| Price type | 0 | |
| 3 | Moving Average Shift | |
| Ma shift | 0 | Bar shift (0 = current bar) |
| 4 | Show oversold and overbought levels | |
| Show levels | true | |
| 5 | Lines color (60%) | |
| Lines color1 | Green | Colour on the chart |
| 6 | Lines color (100%) | |
| Lines color2 | Green | Colour on the chart |
| 7 | Lines style: solid - 0, dashed - 1, dott | |
| Lines style | 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: Oscillator · Moving Average · MT4 Indicator · MQL4 Source Code