Forex MACD Adaptive MTF Alert Arrows Indicator
From the Old Kings archive: Forex MACD Adaptive MTF Alert Arrows Indicator, an indicator for MetaTrader 4. As the name suggests, the idea behind it is MACD (moving average convergence / divergence), alerts and buy / sell signals on the chart. In the code it works with moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 22 settings, for example Time Frame (default PERIOD_CURRENT), Fast Ma (default 12) and Fast Ma Method (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 MACD Adaptive MTF Alert Arrows Indicator
Forex MACD Adaptive MTF Alert Arrows Indicator is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 22 settings, such as Time frame, Fast ma and Fast ma method. MQL source code included.
Files in the download: Adaptive Macd mtf-alerts-arrows 2.ex4, Adaptive Macd mtf-alerts-arrows 2.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | PERIOD_CURRENT | Period or timeframe used by the calculation |
| Fast ma | 12 | |
| Fast ma method | 0 | |
| Fast ma price | 0 | |
| Ama period | 26 | Period or timeframe used by the calculation |
| Ama price | PRICE_CLOSE | |
| Nfast | 5 | |
| Nslow | 20 | |
| G coeff | 2.0 | |
| Signal ma | 9 | |
| Signal ma mode | 0 | |
| Alerts on | true | Turn this alert on or off |
| Alerts on current | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| __ | arrows settings | |
| Show arrows | true | |
| Arrows identifier | rsima arrows | |
| Arrows up color | Lime | Colour on the chart |
| Arrows dn color | Orange | Colour on the chart |
| Interpolate | true |
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 · Multi-Timeframe (MTF) · Buy/Sell Arrows · Alerts · Moving Average · ATR · MT4 Indicator · MQL4 Source Code