Forex MACD EMA BD V8 Indicator
Forex MACD EMA BD V8 Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around MACD (moving average convergence / divergence) and moving averages. This copy is version 8. Its source code uses moving averages. It has 4 settings, for example Fast EMA (default 10), Slow EMA (default 20) and Signal EMA (default 1). 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 · v8 · Free
About Forex MACD EMA BD V8 Indicator
Forex MACD EMA BD V8 Indicator is an indicator for MetaTrader 4 based on Moving Average. It has 4 settings, such as Fast ema, Slow ema and Signal ema. MQL source code included.
Files in the download: installation manual.txt, Macd with EMA BDv8_12_31.ex4, Macd with EMA BDv8_12_31.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast ema | 10 | |
| Slow ema | 20 | |
| Signal ema | 1 | |
| M aof signal per | 7 |
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 · Moving Average · MT4 Indicator · MQL4 Source Code