Forex MA Angle Counting Indicator
This Old Kings indicator for MetaTrader 4 is called Forex MA Angle Counting Indicator. Judging by its name, it is built around moving averages. In the code it works with moving averages and ATR. It has 5 settings, for example Indicator Name (default MA_Angle), MAPeriod (default 50) and ATRPeriod (default 10). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 MA Angle Counting Indicator
Forex MA Angle Counting Indicator is an indicator for MetaTrader 4 based on Moving Average and ATR. It has 5 settings, such as Indicator name, Ma period and Atr period. MQL source code included.
Files in the download: installation manual.txt, MA_Angle.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Indicator name | MA_Angle | For Logging |
| Ma period | 50 | MA Period |
| Atr period | 10 | 10% of MAPeriod |
| Atr factor | 50 | 500 = ATRPeriod * ATRFactor |
| Bars to load | 1000 | Change to 0 to count all bars. |
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: Moving Average · ATR · MT4 Indicator · MQL4 Source Code