Forex Fractal Adaptive Moving Average Indicator
Forex Fractal Adaptive Moving Average Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around Bill Williams fractals (swing highs / lows) and moving averages. It has 3 settings, for example RPeriod (default 16), multiplier (default 4.6) and signal multiplier (default 2.5). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Fractal Adaptive Moving Average Indicator
Forex Fractal Adaptive Moving Average Indicator is an indicator for MetaTrader 4. It has 3 settings, such as R period, Multiplier and Signal multiplier. MQL source code included.
Files in the download: cn_Fractal_AMA.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| R period | 16 | Period or timeframe used by the calculation |
| Multiplier | 4.6 | How much the lot size grows after a loss |
| Signal multiplier | 2.5 | How much the lot size grows after a loss |
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 · Fractals · MT4 Indicator · MQL4 Source Code