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Robust MACD Meter Ind

Robust MACD Meter Ind — MT4 indicator, supplied with source code and a compiled file. Source metadata: ID 8018 | Robust MACD Meter Ind Algorithm: MACD_MAIN_SIGNAL_ATR_NORMALIZED Declared inputs include: CatalogId, SourceTimeframe, FastPeriod, SlowPeriod, SignalPeriod, Lookback, MaxBars, BullThreshold, BearThreshold, ArrowOffsetPoints. Description extracted from the supplied source metadata. Compilation compatibility, runtime behavior and trading results have not been independently verified.

Indicator · MT4 · v1.00 · Free

About Robust MACD Meter Ind

Robust MACD Meter Ind is an indicator for MetaTrader 4 based on MACD and ATR. It draws buy and sell arrows on the chart. It has 10 settings, such as Catalog id, Source timeframe and Fast period. MQL source code included.

Files in the download: Robust_MACD_Meter_Ind.mq4, Robust_MACD_Meter_Ind.ex4.

Settings

SettingDefaultWhat it does
Catalog id8018
Source timeframePERIOD_CURRENTPeriod or timeframe used by the calculation
Fast period14Period or timeframe used by the calculation
Slow period30Period or timeframe used by the calculation
Signal period9Period or timeframe used by the calculation
Lookback30
Max bars1500
Bull threshold55.0
Bear threshold45.0
Arrow offset points12

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: MACD · Buy/Sell Arrows · ATR · MT4 Indicator · MQL4 Source Code

MetaTrader 4 & 5 indicators · PolyMaria