MT4 X TMA Channel 01 Button 4
MT4 X TMA Channel 01 Button 4 is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around price channels. Its source code uses moving averages and ATR. It has 26 settings, for example Indicator (default Version), STR01 (default <<<==== [01] TMA1 Settin) and show TMA1 (default false). 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 MT4 X TMA Channel 01 Button 4
MT4 X TMA Channel 01 Button 4 is an indicator for MetaTrader 4 based on Moving Average and ATR. It has 26 settings, such as Indicator, STR01 and Show tma1. MQL source code included.
Files in the download: !!!-MT4 X-TMA CHANNEL-01 button.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Indicator | Version | |
| STR01 | <<<==== [01] TMA1 Settings ====>>> | |
| Show tma1 | false | |
| Tma1per | 56,TMA1atr=100,TMA1width=1 | |
| Tma1clr | clrRed | |
| Tma1atr multi | 2. | |
| STR02 | <<<==== [02] TMA2 Settings ====>>> | |
| Show tma2 | true, Extrapolate=true | |
| Tma2per | 56,TMA2atr=100,TMA2width=3 | |
| Tma2price | PRICE_WEIGHTED | |
| Tma2clr | clrDimGray | |
| STR03 | <<<==== [03] Ribbon Settings ====>>> | |
| Button note1 | ------------------------------ | |
| Btn corner | CORNER_LEFT_UPPER | chart btn_corner for anchoring |
| Btn text | TMA | |
| Btn font | Arial | |
| Btn font size | 10 | btn__font size |
| Btn text on color | clrWhite | Colour on the chart |
| Btn text off color | clrRed | Colour on the chart |
| Btn background color | clrDimGray | Colour on the chart |
| Btn border color | clrBlack | Colour on the chart |
| Button x | 20 | btn__x |
| Button y | 13 | btn__y |
| Btn width | 60 | btn__width |
| Btn height | 20 | btn__height |
| Button note2 | ------------------------------ |
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: Channels & Envelopes · Moving Average · ATR · MT4 Indicator · MQL4 Source Code