Forex MAC Fibo Indicator
Forex MAC Fibo Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around Fibonacci retracement or extension levels. Its source code uses moving averages. It can send alerts. It has 7 settings, for example Fast MA (default 5), Fast Mode (default 1) and Slow MA (default 20). 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 MAC Fibo Indicator
Forex MAC Fibo Indicator is an indicator for MetaTrader 4 based on Moving Average. It can alert you with a pop-up, sound, email or push message. It has 7 settings, such as Fast ma, Fast mode and Slow ma. MQL source code included.
Files in the download: installation manual.txt, MACFibo.mq4, MACFibo_v1_1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast ma | 5 | |
| Fast mode | 1 | |
| Slow ma | 20 | |
| Slow mode | 0 | |
| Long entry clr | Blue | |
| Shrt entry clr | Red | |
| Alerts | true | Turn this alert on or off |
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: Fibonacci · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code