Forex No Lag Colored MA Trading System
This Old Kings indicator for MetaTrader 4 is called Forex No Lag Colored MA Trading System. As the name suggests, the idea behind it is moving averages. In the code it works with moving averages. It can send alerts. It has 13 settings, for example Price (default 0), Length (default 15) and Displace (default 0). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 3 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 No Lag Colored MA Trading System
Forex No Lag Colored MA Trading System is an indicator for MetaTrader 4 based on Moving Average. It can alert you with a pop-up, sound, email or push message. It has 13 settings, such as Price, Length and Displace. MQL source code included.
Files in the download: installation manual.txt, nonlagma.tpl, NonLagMA_v7.1.mq4, Real MACD Colored.mq4, realMACD.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Price | 0 | Apply to Price(0-Close;1-Open;2-High;3-Low;4-Median price;5-Typical price;6-Weighted Close) |
| Length | 15 | Period of NonLagMA |
| Displace | 0 | DispLace or Shift |
| Pct filter | 0 | Dynamic filter in decimal |
| Color | 1 | Switch of Color mode (1-color) |
| Color bar back | 1 | Bar back for color mode |
| Deviation | 0 | Up/down deviation |
| Alert mode | 0 | Sound Alert switch (0-off,1-on) |
| Warning mode | 0 | Sound Warning switch(0-off,1-on) |
| Fast ema | 5 | |
| Slow ema | 15 | 23 |
| Signal sma | 1 | 0 |
| Min diff | 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 · Alerts · MT4 Indicator · MQL4 Source Code