Michelangelo28nov05
This Old Kings indicator for MetaTrader 4 is called Michelangelo28nov05. It has 12 settings, for example minkernel (default 1), maxkernel (default 80) and Exponent (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 · v1.0 · Free
About Michelangelo28nov05
Michelangelo28nov05 is an indicator for MetaTrader 4. It has 12 settings, such as Minkernel, Maxkernel and Exponent. MQL source code included.
Files in the download: Michelangelo28nov05.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Minkernel | 1 | |
| Maxkernel | 80 | |
| Exponent | 1.0 | How much the lot size grows after a loss |
| Period r | 3 | Number of bars in the calculation |
| Period ama | 12 | Number of bars in the calculation |
| Nfast | 6 | |
| Nslow | 60 | |
| G | 2.5 | |
| Breakout enhancement factor | 4.0 | |
| Signal | 5 | |
| Flip | false | if True, then reverse order of PEMA and Kaufman AMA |
| Emit running values | true |
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: MT4 Indicator · MQL4 Source Code