Forex MACD Four V2 Indicator
Forex MACD Four V2 Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to MACD (moving average convergence / divergence). This copy is version 2. Its source code uses MACD. It has 19 settings, for example TF1 Factor (default 12), TF2 Factor (default 6) and TF3 Factor (default 2). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 · v2 · Free
About Forex MACD Four V2 Indicator
Forex MACD Four V2 Indicator is an indicator for MetaTrader 4 based on MACD. It has 19 settings, such as Tf1 factor, Tf2 factor and Tf3 factor. MQL source code included.
Files in the download: installation manual.txt, MACD_4in1_v2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Tf1 factor | 12 | |
| Tf2 factor | 6 | |
| Tf3 factor | 2 | |
| Tf4 factor | 1 | |
| Macd factor h1 | 12 | |
| Macd factor m15 | 6 | |
| Macd factor m5 | 2 | |
| Macd factor m1 | 1 | |
| TF1 | 240 | |
| TF2 | 60 | |
| TF3 | 15 | |
| TF4 | 5 | |
| Tf1 color | Red | Colour on the chart |
| Tf2 color | DeepSkyBlue | Colour on the chart |
| Tf3 color | LawnGreen | Colour on the chart |
| Tf4 color | Orange | Colour on the chart |
| Fast ema | 12 | 8 Faster settings |
| Slow ema | 26 | 17 |
| Signal sma | 9 | 9 |
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 · MT4 Indicator · MQL4 Source Code