Forex MACD Colored Mladen Indicator
This Old Kings indicator for MetaTrader 4 is called Forex MACD Colored Mladen Indicator. Its name points to MACD (moving average convergence / divergence). In the code it works with RSI, moving averages, CCI and Momentum. It can send alerts. It has 17 settings, for example _ (default MACD settings), Fast EMA (default 5) and Slow EMA (default 15). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Colored Mladen Indicator
Forex MACD Colored Mladen Indicator is an indicator for MetaTrader 4 based on RSI, Moving Average, CCI and Momentum. It can alert you with a pop-up, sound, email or push message. It has 17 settings, such as _, Fast ema and Slow ema. MQL source code included.
Files in the download: installation manual.txt, MACD colored_Mladen.ex4, MACD colored_Mladen.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| _ | MACD settings | |
| Fast ema | 5 | 12; |
| Slow ema | 15 | 26; |
| Signal ema | 1 | 9; |
| Price type | PRICE_CLOSE | |
| Show histo | true | |
| Show osma | false | |
| Macd type | 0 | |
| Rsi period | 14 | Period or timeframe used by the calculation |
| Mom period | 14 | Period or timeframe used by the calculation |
| Cci period | 10 | Period or timeframe used by the calculation |
| __ | alerts | |
| Alerts on | false | 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 |
| Note macd types | 0'regular'MACD 1ZeroLag MACD 2MACDofRSI |
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 · Alerts · RSI · Moving Average · CCI · Momentum · MT4 Indicator · MQL4 Source Code