Ma2signalbinarysystem
This Old Kings indicator for MetaTrader 4 is called Ma2signalbinarysystem. In the code it works with moving averages. It draws arrows on the chart and can send alerts. It has 12 settings, for example Period Fast MA (default 5), Period Slow MA (default 7) and Mode Fast MA (default 1). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 5 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 Ma2signalbinarysystem
Ma2signalbinarysystem is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 12 settings, such as Period fast ma, Period slow ma and Mode fast ma. MQL source code included.
Files in the download: red this.txt, MA 2 signal Binary System\linie_wsparcia_oporu_v2.ex4, MA 2 signal Binary System\Ma2 Signal 1Meth.tpl, MA 2 signal Binary System\Ma2 Signal 2Meth.tpl, MA 2 signal Binary System\MA2_Signal_ver2.ex4, MA 2 signal Binary System\MA2_Signal_ver2.mq4, MA 2 signal Binary System\MaisMA.ex4, MA 2 signal Binary System\MaisMA.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Period fast ma | 5 | Number of bars in the calculation |
| Period slow ma | 7 | Number of bars in the calculation |
| Mode fast ma | 1 | 0 = SMA, 1 = EMA, 2 = SMMA, 3 = LWMA |
| Mode slow ma | 1 | 0 = SMA, 1 = EMA, 2 = SMMA, 3 = LWMA |
| Price fast ma | 0 | 0 = Close, 1 = Open, 2 = High, 3 = Low, 4 = HL/2, 5 = HLC/3, 6 = HLCC/4 |
| Price slow ma | 1 | 0 = Close, 1 = Open, 2 = High, 3 = Low, 4 = HL/2, 5 = HLC/3, 6 = HLCC/4 |
| Enable alert | true | Turn this alert on or off |
| Sound file name | Turn this alert on or off | |
| N | 100 | |
| M | 1.5 | |
| Shift | 1 | Bar shift (0 = current bar) |
| Frame | 100 |
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: Binary Options · Buy/Sell Arrows · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code