Multi MA With Regression Channel
From the Old Kings archive: Multi MA With Regression Channel, an indicator for MetaTrader 4. Its name points to moving averages and price channels. In the code it works with moving averages and ZigZag. It draws arrows on the chart. It has 23 settings, for example Name (default Fibo_01), Depth (default 12) and Deviation (default 5). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 11 indicator files 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 Multi MA With Regression Channel
Multi MA With Regression Channel is an indicator for MetaTrader 4 based on Moving Average and ZigZag. It draws buy and sell arrows on the chart. It has 23 settings, such as Name, Depth and Deviation. MQL source code included.
Files in the download: !SM_Crossover_Arrows.ex4, !sw_Multi-MA.ex4, 0.tpl, Auto_Fibo.mq4, Buy-Sell_Alerts.ex4, Channel Surfer.ex4, Enter signal.ex4, FREE TRADING SYSTEMS AND INDICATORS.url ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Name | Fibo_01 | Fibo Name |
| Depth | 12 | ZigZag Depth |
| Deviation | 5 | ZigZag Deviation |
| Back step | 3 | ZigZag BackStep |
| Leg | 1 | ZigZag Leg |
| Line color | clrRed | Line Color |
| Levels color | clrSteelBlue | Levels Color |
| Ray | false | Ray |
| Level1 | 0.0 | Level 1 |
| Level2 | 23.6 | Level 2 |
| Level3 | 38.2 | Level 3 |
| Level4 | 50.0 | Level 4 |
| Level5 | 61.8 | Level 5 |
| Level6 | 100.0 | Level 6 |
| Level7 | 161.8 | Level 7 |
| Level8 | 261.8 | Level 8 |
| Level9 | 423.6 | Level 9 |
| Fast ema | 12 | try 3/10/16 for settings also |
| Slow ema | 26 | |
| Signal sma | 0 | |
| Depth | 12 | |
| Deviation | 5 | |
| Backstep | 3 | Distance between orders |
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: Moving Average · Channels & Envelopes · Buy/Sell Arrows · ZigZag · MT4 Indicator · MQL4 Source Code