Forex MTF MA 4H Indicator
Forex MTF MA 4H Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is moving averages and several timeframes at once. Its source code uses moving averages. It has 5 settings, for example Ma (default 8), Second Ma (default 21) and Applied Price (default 0). Load it on a demo chart and check whether its signals repaint before trusting them. 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 MA 4H Indicator
Forex MTF MA 4H Indicator is an indicator for MetaTrader 4 based on Moving Average. It has 5 settings, such as Ma, Second ma and Applied price. MQL source code included.
Files in the download: installation manual.txt, MTF_MA-4H.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma | 8 | |
| Second ma | 21 | |
| Applied price | 0 | 0=PRICE_CLOSE; 1=PRICE_OPEN; 5=PRICE_TYPICAL |
| Var period | 240 | old timeframe |
| Second ma | true |
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