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Forex MACD Two Ivar Multi Symbol Indicator

Forex MACD Two Ivar Multi Symbol Indicator is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is MACD (moving average convergence / divergence). Its source code uses moving averages. It has 11 settings, for example Fast MA Period (default 12), Slow MA Period (default 26) and Signal MA Period (default 9). 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 Two Ivar Multi Symbol Indicator

Forex MACD Two Ivar Multi Symbol Indicator is an indicator for MetaTrader 4 based on Moving Average. It has 11 settings, such as Fast ma period, Slow ma period and Signal ma period. MQL source code included.

Files in the download: installation manual.txt, macd_2lvar_multisymbol.ex4, macd_2lvar_multisymbol.mq4.

Settings

SettingDefaultWhat it does
Fast ma period12Period or timeframe used by the calculation
Slow ma period26Period or timeframe used by the calculation
Signal ma period9Period or timeframe used by the calculation
Fast ma mode1
Slow ma mode1
Signal ma mode0
Fast ma price0
Slow ma price0
Symbol
Note applied price0C,1O 2H3L,4Md 5Tp 6WghC: Md(HL/2)4,Tp(H
Note ma modeSMA0 EMA1 SMMA2 LWMA3

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: MACD · Multi-Currency · Moving Average · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria