Forex Kay Dual Time Frame Macd Indicator
From the Old Kings archive: Forex Kay Dual Time Frame 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 MACD. It draws arrows on the chart. It has 6 settings, for example MACD Setting (default Enter Period for Fast, S), fast MA (default 12) and Slow MA (default 26). 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 Kay Dual Time Frame Macd Indicator
Forex Kay Dual Time Frame Macd Indicator is an indicator for MetaTrader 4 based on MACD. It draws buy and sell arrows on the chart. It has 6 settings, such as Macd setting, Fast ma and Slow ma. MQL source code included.
Files in the download: installation manual.txt, kay_dualtimeframemacd.ex4, kay_dualtimeframemacd.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Macd setting | Enter Period for Fast, Slow & Signal | |
| Fast ma | 12 | |
| Slow ma | 26 | |
| Signal period | 9 | Period or timeframe used by the calculation |
| Display | Text Location | |
| Text dist | 12 |
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 · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code