Step MA Color V2
Step MA Color V2 is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to moving averages. This copy is version 2. It draws arrows on the chart. It has 4 settings, for example Period WATR (default 100), Kwatr (default 1.0000) and Advance (default 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 · v2 · Free
About Step MA Color V2
Step MA Color V2 is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart. It has 4 settings, such as Period watr, Kwatr and Advance. MQL source code included.
Files in the download: StepMA_Color_v2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Period watr | 100 | Number of bars in the calculation |
| Kwatr | 1.0000 | |
| Advance | 0 | |
| High low | 0 |
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 · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code