Forex MACD Rads Histogram Trading Strategy
This Old Kings indicator for MetaTrader 4 is called Forex MACD Rads Histogram Trading Strategy. Its name points to MACD (moving average convergence / divergence). In the code it works with moving averages. It draws arrows on the chart and can send alerts. It has 15 settings, for example Fast Close Period (default 13), Fast Close Shift (default 0) and Fast Open Period (default 34). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 9 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 Rads Histogram Trading Strategy
Forex MACD Rads Histogram Trading Strategy is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 15 settings, such as Fast close period, Fast close shift and Fast open period. MQL source code included.
Files in the download: COG.ex4, PRICE.ex4, QFF-MACDv1.ex4, Rads HAS Ext.ex4, Rads HAS Ext.mq4, Rads HAS.ex4, Rads HAS.mq4, SHI-SIGNAL.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast close period | 13 | Period or timeframe used by the calculation |
| Fast close shift | 0 | Bar shift (0 = current bar) |
| Fast open period | 34 | Period or timeframe used by the calculation |
| Fast open shift | 0 | Bar shift (0 = current bar) |
| Slow close period | 34 | Period or timeframe used by the calculation |
| Slow close shift | 0 | Bar shift (0 = current bar) |
| Slow open period | 62 | Period or timeframe used by the calculation |
| Slow open shift | 0 | Bar shift (0 = current bar) |
| Ma metod | 2 | |
| Ma period | 6 | Period or timeframe used by the calculation |
| Ma metod2 | 3 | |
| Ma period2 | 2 | Number of bars in the calculation |
| All bars | 0 | How many bars should be counted. 0 - all the bars. |
| Otstup | 17 | Step back. |
| Per | 13 | Period. |
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 · Buy/Sell Arrows · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code