Forex MACD Gaussian Two Lines NMC Indicator
Forex MACD Gaussian Two Lines NMC Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around MACD (moving average convergence / divergence). Its source code uses moving averages. It can read another timeframe. It has 16 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 Two Lines NMC Indicator
Forex MACD Gaussian Two Lines NMC Indicator is an indicator for MetaTrader 4 based on Moving Average. It can show data from another timeframe (MTF). It has 16 settings, such as Time frame, Fast period and Fast order. MQL source code included.
Files in the download: installation manual.txt, macd_-_gaussian_2___lines_nmc.ex4, macd_-_gaussian_2___lines_nmc.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 | |
| Show lines | false | |
| Show lines on zero cross | true | |
| Lines identifier | MacdG1 | |
| Lines color for up | LimeGreen | Colour on the chart |
| Lines color for down | Red | Colour on the chart |
| Lines style | STYLE_DOT | |
| 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) · Moving Average · MT4 Indicator · MQL4 Source Code