Forex Two MACD With Signals Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Two MACD With Signals Indicator. Its name points to MACD (moving average convergence / divergence) and buy / sell signals on the chart. In the code it works with moving averages. It has 12 settings, for example ma 1 (default 28), ma 2 (default 144) and method (default 3). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Two MACD With Signals Indicator
Forex Two MACD With Signals Indicator is an indicator for MetaTrader 4 based on Moving Average. It has 12 settings, such as Ma 1, Ma 2 and Method. MQL source code included.
Files in the download: installation manual.txt, ytg_DveMashki_ind_w_Signals.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma 1 | 28 | |
| Ma 2 | 144 | |
| Method | 3 | |
| Price | 0 | |
| Signal | 14 | |
| S method | 0 | |
| Signal2 | 70 | |
| S method2 | 0 | |
| Color1 | DarkSlateBlue | Colour on the chart |
| Color2 | Maroon | Colour on the chart |
| Color3 | Yellow | Colour on the chart |
| Color4 | MediumTurquoise | Colour on the chart |
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: MACD · Buy/Sell Arrows · Moving Average · MT4 Indicator · MQL4 Source Code