Forex MTF MA Channel Indicator
This Old Kings indicator for MetaTrader 4 is called Forex MTF MA Channel Indicator. Its name points to moving averages, price channels and several timeframes at once. In the code it works with moving averages. It can read another timeframe. It has 10 settings, for example Time Frame (default 0), MA Hi Period (default 10) and MA Hi Method (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 Channel Indicator
Forex MTF MA Channel Indicator is an indicator for MetaTrader 4 based on Moving Average. It can show data from another timeframe (MTF). It has 10 settings, such as Time frame, Ma hi period and Ma hi method. MQL source code included.
Files in the download: installation manual.txt, MTF_MAChnl810_Env.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 0 | Period or timeframe used by the calculation |
| Ma hi period | 10 | Period or timeframe used by the calculation |
| Ma hi method | 0 | |
| Ma hi price | 2 | |
| Ma lo period | 8 | Period or timeframe used by the calculation |
| Ma lo method | 0 | |
| Ma lo price | 3 | |
| Ma hi shift | 0 | Bar shift (0 = current bar) |
| Ma lo shift | 0 | Bar shift (0 = current bar) |
| Deviation | 0.0 |
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 · Channels & Envelopes · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code