Forex Future MACD Indicator
From the Old Kings archive: Forex Future MACD Indicator, an indicator for MetaTrader 4. Judging by its name, it is built around MACD (moving average convergence / divergence). In the code it works with moving averages. It can send alerts. It has 19 settings, for example Fast EMA (default 21), Slow EMA (default 50) and Signal SMA (default 9). 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 Future MACD Indicator
Forex Future MACD Indicator is an indicator for MetaTrader 4 based on Moving Average. It can alert you with a pop-up, sound, email or push message. It has 19 settings, such as Fast ema, Slow ema and Signal sma. MQL source code included.
Files in the download: futuremacd.ex4, futuremacd.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast ema | 21 | |
| Slow ema | 50 | |
| Signal sma | 9 | |
| Explanation1 | Draw setting for MACD below | |
| Draw type macd | 2 | |
| Draw width macd | 1 | |
| Draw color macd | Silver | Colour on the chart |
| Explanation2 | Draw setting for Signal below | |
| Draw type signal | 0 | |
| Draw style signal | 0 | |
| Draw width signal | 1 | |
| Draw color signal | Red | Colour on the chart |
| Explanation3 | Alert and Mail setting below | |
| Macd alert on | FALSE | Turn this alert on or off |
| Macd email on | FALSE | Turn this alert on or off |
| Signal alert on | FALSE | Turn this alert on or off |
| Signal email on | FALSE | Turn this alert on or off |
| Target shift | 3 | Bar shift (0 = current bar) |
| Local time mode | 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 · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code