Forex MTF EMA 20 Indicator
From the Old Kings archive: Forex MTF EMA 20 Indicator, an indicator for MetaTrader 4. Judging by its name, it is built around moving averages and several timeframes at once. In the code it works with moving averages. It has 3 settings, for example EMA Period (default 20), offset (default 2) and lenght (default 7). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 1 indicator file 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 MTF EMA 20 Indicator
Forex MTF EMA 20 Indicator is an indicator for MetaTrader 4 based on Moving Average. It has 3 settings, such as Ema period, Offset and Lenght. MQL source code included.
Files in the download: Close_-_EMA_20.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ema period | 20 | Period or timeframe used by the calculation |
| Offset | 2 | |
| Lenght | 7 |
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: Moving Average · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code