Forex MACD Tscd Osma Indicator
From the Old Kings archive: Forex MACD Tscd Osma Indicator, an indicator for MetaTrader 4. As the name suggests, the idea behind it is MACD (moving average convergence / divergence). It draws arrows on the chart. It has 8 settings, for example TSFfast (default 20), TSFslow (default 220) and TSFma1 (default 10). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Tscd Osma Indicator
Forex MACD Tscd Osma Indicator is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart. It has 8 settings, such as Ts ffast, Ts fslow and Ts fma1. MQL source code included.
Files in the download: macd_tscd_osma.ex4, macd_tscd_osma.mq4, strategy template.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ts ffast | 20 | |
| Ts fslow | 220 | |
| Ts fma1 | 10 | |
| Maxbar | 600 | |
| Mark enable | true | |
| Bar s | 4 | |
| Bar c | 50 | |
| Osma multiplier | 2.5 | How much the lot size grows after a loss |
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 · MT4 Indicator · MQL4 Source Code