MA B Bands V4.2.mq4
MA B Bands V4.2.mq4 is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is moving averages. This copy is version 4.2. Its source code uses MACD, moving averages and Bollinger Bands. It draws arrows on the chart. It has 6 settings, for example Move Shift (default 22), MAPeriod (default 20) and Std (default 1.0). 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 · v4.2 · Free
About MA B Bands V4.2.mq4
MA B Bands V4.2.mq4 is an indicator for MetaTrader 4 based on MACD, Moving Average and Bollinger Bands. It draws buy and sell arrows on the chart. It has 6 settings, such as Move shift, Ma period and Std. MQL source code included.
Files in the download: MA_BBands_V4.2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Move shift | 22 | Bar shift (0 = current bar) |
| Ma period | 20 | Period or timeframe used by the calculation |
| Std | 1.0 | 0.4~1.0 |
| Bb period | 30 | 20~33 |
| Note | OsMA set from 3 to 6 | |
| Os ma | 4 | 3~6 |
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 · MACD · Bollinger Bands · MT4 Indicator · MQL4 Source Code