HMA V05
HMA V05 is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to the Hull moving average. This copy is version 05. Its source code uses moving averages. It draws arrows on the chart. It has 2 settings, for example ma Period (default 14) and Bars To Draw (default 200). 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 · v05 · Free
About HMA V05
HMA V05 is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart. It has 2 settings, such as Ma period and Bars to draw. MQL source code included.
Files in the download: HMA_v05(1).mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma period | 14 | Period or timeframe used by the calculation |
| Bars to draw | 200 |
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 · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code