Step MA V7a
This Old Kings indicator for MetaTrader 4 is called Step MA V7a. As the name suggests, the idea behind it is moving averages. In the code it works with moving averages. It draws arrows on the chart. It has 10 settings, for example Length (default 10), Kv (default 1.0) and Step Size (default 0). Load it on a demo chart and check whether its signals repaint before trusting them. 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 · v7a · Free
About Step MA V7a
Step MA V7a is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart. It has 10 settings, such as Length, Kv and Step size. MQL source code included.
Files in the download: StepMA_v7a.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Length | 10 | Volty Length |
| Kv | 1.0 | Sensivity Factor |
| Step size | 0 | Constant Step Size (if need) |
| Ma mode | 0 | Volty MA Mode : 0-SMA, 1-LWMA |
| Advance | 0 | Offset |
| Percentage | 0 | Percentage of Up/Down Moving |
| High low | false | High/Low Mode Switch (more sensitive) |
| Color mode | 0 | Color Mode Switch |
| Bars number | 1000 | |
| Period | 10 | Period or timeframe used by the calculation |
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