Forex MA B Bands YXF Indicator
From the Old Kings archive: Forex MA B Bands YXF Indicator, an indicator for MetaTrader 4. Judging by its name, it is built around moving averages. In the code it works with MACD, moving averages and Bollinger Bands. It draws arrows on the chart. It has 6 settings, for example Move Shift (default 12), MAPeriod (default 9) and Os MA (default 3). 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 MA B Bands YXF Indicator
Forex MA B Bands YXF Indicator is an indicator for MetaTrader 4 based on MACD, Moving Average and Bollinger Bands. It draws buy and sell arrows on the chart. It has 6 settings, such as Move shift, Ma period and Os ma. MQL source code included.
Files in the download: installation manual.txt, MA_BBands.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Move shift | 12 | Bar shift (0 = current bar) |
| Ma period | 9 | Period or timeframe used by the calculation |
| Os ma | 3 | |
| Dist2 | 20 | |
| Std | 0.4 | 0.5 |
| B period | 20 | 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: Moving Average · Buy/Sell Arrows · MACD · Bollinger Bands · MT4 Indicator · MQL4 Source Code