Forex KAMA Line Indicator
This Old Kings indicator for MetaTrader 4 is called Forex KAMA Line Indicator. Judging by its name, it is built around Kaufman's adaptive moving average (efficiency ratio). It has 3 settings, for example kama period (default 10), fast ma period (default 2.0) and slow ma period (default 30.0). 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 KAMA Line Indicator
Forex KAMA Line Indicator is an indicator for MetaTrader 4. It has 3 settings, such as Kama period, Fast ma period and Slow ma period. MQL source code included.
Files in the download: installation manual.txt, KAMA.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Kama period | 10 | Period or timeframe used by the calculation |
| Fast ma period | 2.0 | Period or timeframe used by the calculation |
| Slow ma period | 30.0 | Period or timeframe used by the calculation |
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: MT4 Indicator · MQL4 Source Code