Forex MACD Gaussian Smoother Arrows MTF Indicator
Forex MACD Gaussian Smoother Arrows MTF Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is MACD (moving average convergence / divergence), buy / sell signals on the chart and several timeframes at once. Its source code uses moving averages and ATR. It draws arrows on the chart and can read another timeframe. It has 20 settings, for example Time Frame (default Current time frame), Fast Period (default 14) and Fast Order (default 2). 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 Gaussian Smoother Arrows MTF Indicator
Forex MACD Gaussian Smoother Arrows MTF Indicator is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart and can show data from another timeframe (MTF). It has 20 settings, such as Time frame, Fast period and Fast order. MQL source code included.
Files in the download: installation manual.txt, macd - gaussian - smoother - arrows_mtf.ex4, macd - gaussian - smoother - arrows_mtf.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Fast period | 14 | Period or timeframe used by the calculation |
| Fast order | 2 | |
| Slow period | 34 | Period or timeframe used by the calculation |
| Slow order | 2 | |
| Signal period | 9 | Period or timeframe used by the calculation |
| Signal order | 2 | |
| Signal method | MODE_EMA | |
| Price | PRICE_CLOSE | |
| Jma | parameter for JMA | |
| Jma par | true | |
| Jma period | 5 | Period or timeframe used by the calculation |
| Show arrows | false | |
| Arrows identifier | Gaussian MACD Arrows | |
| Arrows upper gap | 1.0 | |
| Arrows lower gap | 1.0 | |
| Arrows up color | LimeGreen | Colour on the chart |
| Arrows dn color | Red | Colour on the chart |
| Arrows up code | 241 | |
| Arrows dn code | 242 |
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 · Moving Average · ATR · MT4 Indicator · MQL4 Source Code