MACD Color Hist Alert.mq4
MACD Color Hist Alert.mq4 is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around MACD (moving average convergence / divergence) and alerts. Its source code uses moving averages. It can send alerts. It has 13 settings, for example Fast EMA (default 12), Slow EMA (default 26) and Signal SMA (default 9). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 MACD Color Hist Alert.mq4
MACD Color Hist Alert.mq4 is an indicator for MetaTrader 4 based on Moving Average. It can alert you with a pop-up, sound, email or push message. It has 13 settings, such as Fast ema, Slow ema and Signal sma. MQL source code included.
Files in the download: MACD_ColorHist_Alert.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast ema | 12 | 2 |
| Slow ema | 26 | 8 |
| Signal sma | 9 | 6 |
| Show histogram | true | |
| Show macd line | true | true |
| Show signal line | true | false |
| Sound alert | true | Turn this alert on or off |
| Email alert | false | Turn this alert on or off |
| Mac dzero line cross alert | true | Turn this alert on or off |
| Macd signal line cross alert | true | Turn this alert on or off |
| Macd direction change alert | false | Turn this alert on or off |
| Two bars dir chage confirm | false | |
| Show alert status | true | Turn this alert on or off |
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 · Alerts · Moving Average · MT4 Indicator · MQL4 Source Code