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Forex Step MA V7 Indicator

Forex Step MA V7 Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is moving averages. This copy is version 7. It draws arrows on the chart. It has 9 settings, for example Length (default 10), Kv (default 1.0) and Step Size (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 · v7 · Free

About Forex Step MA V7 Indicator

Forex Step MA V7 Indicator is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart. It has 9 settings, such as Length, Kv and Step size. MQL source code included.

Files in the download: installation manual.txt, StepMA_v7.mq4.

Settings

SettingDefaultWhat it does
Length10Volty Length
Kv1.0Sensivity Factor
Step size0Constant Step Size (if need)
Ma mode0Volty MA Mode : 0-SMA, 1-LWMA
Advance0Offset
Percentage0Percentage of Up/Down Moving
High lowfalseHigh/Low Mode Switch (more sensitive)
Color mode0Color Mode Switch
Bars number0

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Moving Average · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria