MTF MacD 2 Line
MTF MacD 2 Line — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to MACD (moving average convergence / divergence) and several timeframes at once. Its source code uses MACD. It has 4 settings, for example Mac D2line Time (default 0), Fast EMA (default 8) and Slow EMA (default 12). 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 MTF MacD 2 Line
MTF MacD 2 Line is an indicator for MetaTrader 4 based on MACD. It has 4 settings, such as Mac d2line time, Fast ema and Slow ema. MQL source code included.
Files in the download: #MTF_MacD-2 line.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Mac d2line time | 0 | |
| Fast ema | 8 | |
| Slow ema | 12 | |
| Signal sma | 9 |
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 · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code