Forex Ratio Osma Indicator
Forex Ratio Osma Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Its source code uses MACD. It can read another timeframe. It has 5 settings, for example time Frame (default current time frame), Fast EMA (default 12) and Slow EMA (default 26). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Ratio Osma Indicator
Forex Ratio Osma Indicator is an indicator for MetaTrader 4 based on MACD. It can show data from another timeframe (MTF). It has 5 settings, such as Time frame, Fast ema and Slow ema. MQL source code included.
Files in the download: Ratio_OsMA_v1.ex4, Ratio_OsMA_v1.mq4, strategy template.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | current time frame | Period or timeframe used by the calculation |
| Fast ema | 12 | |
| Slow ema | 26 | |
| Signal sma | 9 | |
| Applied price | 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: Multi-Timeframe (MTF) · MACD · MT4 Indicator · MQL4 Source Code