Forex Imacd Custom ATR Indicator
Forex Imacd Custom ATR Indicator is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is ATR volatility. Its source code uses moving averages and ATR. It has 4 settings, for example Fast EMA (default 12), Slow EMA (default 26) and ATR (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Imacd Custom ATR Indicator
Forex Imacd Custom ATR Indicator is an indicator for MetaTrader 4 based on Moving Average and ATR. It has 4 settings, such as Fast ema, Slow ema and ATR. MQL source code included.
Files in the download: iMACD_ATR.ex4, iMACD_ATR.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast ema | 12 | EMA; .. (>1) - (<1) |
| Slow ema | 26 | EMA; .. (>1) - (<1) |
| ATR | 0 | ATR, =0, ATR=SlowEMA |
| Price | 0 | : |
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: ATR · Moving Average · MT4 Indicator · MQL4 Source Code