Forex JMA Jaimo MACD Chisto Indicator
From the Old Kings archive: Forex JMA Jaimo MACD Chisto Indicator, an indicator for MetaTrader 4. As the name suggests, the idea behind it is MACD (moving average convergence / divergence). It has 7 settings, for example Periods JMA1 (default 9), Applied Price JMA1 (default 0) and phase JMA1 (default 0). 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 JMA Jaimo MACD Chisto Indicator
Forex JMA Jaimo MACD Chisto Indicator is an indicator for MetaTrader 4. It has 7 settings, such as Periods jma1, Applied price jma1 and Phase jma1. MQL source code included.
Files in the download: installation manual.txt, jma-jaimo_macd_2chisto.ex4, jma-jaimo_macd_2chisto.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Periods jma1 | 9 | Number of bars in the calculation |
| Applied price jma1 | 0 | |
| Phase jma1 | 0 | |
| Periods jma2 | 17 | Number of bars in the calculation |
| Applied price jma2 | 0 | |
| Phase jma2 | 0 | |
| Bar count | 300 |
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 · MT4 Indicator · MQL4 Source Code