Forex MACD Tro Multi Indicator
From the Old Kings archive: Forex MACD Tro Multi Indicator, an indicator for MetaTrader 4. As the name suggests, the idea behind it is MACD (moving average convergence / divergence). In the code it works with MACD. It has 13 settings, for example myxstart (default 130), myystart (default 200) and Shift Settings test only (default === Format: 2007.05.07 0). 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 Tro Multi Indicator
Forex MACD Tro Multi Indicator is an indicator for MetaTrader 4 based on MACD. It has 13 settings, such as Myxstart, Myystart and Shift settings test only. MQL source code included.
Files in the download: installation manual.txt, _TRO_MACD_MULTI.ex4, _TRO_MACD_MULTI.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Myxstart | 130 | |
| Myystart | 200 | |
| Shift settings test only | === Format: 2007.05.07 00:00 === | Bar shift (0 = current bar) |
| Look time shift | D'2007.05.07 00:00' | Shift for test if "test" is true |
| Shift indicators | 0 | Shift for indicators if "test" is false |
| Test | false | |
| Macd fast | 12 | MACD fast EMA period |
| Macd slow | 26 | MACD slow EMA period |
| Macd signal | 9 | MACD signal SMA period |
| Xup above 0 | Lime | |
| Xdn above 0 | Tomato | |
| Xup below 0 | Green | |
| Xdn below 0 | Red |
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