Macd Of Nma V1.02
From the Old Kings archive: Macd Of Nma V1.02, an indicator for MetaTrader 4. As the name suggests, the idea behind it is MACD (moving average convergence / divergence). The file name marks it as version 1.02. In the code it works with moving averages and ATR. It draws arrows on the chart. It has 13 settings, for example MACD price (default PRICE_CLOSE), NMA Fast (default 12) and NMA Fast sample (default 6). Load it on a demo chart and check whether its signals repaint before trusting them. 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 · v1.02 · Free
About Macd Of Nma V1.02
Macd Of Nma V1.02 is an indicator for MetaTrader 4 based on Moving Average and ATR. It draws buy and sell arrows on the chart. It has 13 settings, such as Macd price, Nma fast and Nma fast sample. MQL source code included.
Files in the download: macd_of_nma_v1.02.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Macd price | PRICE_CLOSE | |
| Nma fast | 12 | |
| Nma fast sample | 6 | |
| Nma fast mode | MODE_LWMA | |
| Nma slow | 26 | |
| Nma slow sample | 13 | |
| Nma slow mode | MODE_LWMA | |
| Signal sma | 9 | |
| Magnifier | 1.5 | |
| Show arrows | false | |
| Arrows identifier | MACD_NMA arrows | |
| Arrows up color | DeepSkyBlue | Colour on the chart |
| Arrows dn color | Red | 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 · ATR · MT4 Indicator · MQL4 Source Code