Zero Lag MACD 1.01 3
From the Old Kings archive: Zero Lag MACD 1.01 3, an indicator for MetaTrader 4. As the name suggests, the idea behind it is MACD (moving average convergence / divergence). It can read another timeframe. It has 7 settings, for example Time Frame (default PERIOD_CURRENT), Fast Ma (default 12) and Slow Ma (default 24). 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 Zero Lag MACD 1.01 3
Zero Lag MACD 1.01 3 is an indicator for MetaTrader 4. It can show data from another timeframe (MTF). It has 7 settings, such as Time frame, Fast ma and Slow ma. MQL source code included.
Files in the download: ZeroLag MACD 1.01 (2).mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | PERIOD_CURRENT | Time frame |
| Fast ma | 12 | Fast ma period |
| Slow ma | 24 | Slow ma period |
| Signal ma | 9 | Signal ma period |
| Ma price | pr_close | Moving average price to use |
| Ma mode | ma_ema | Moving average method |
| Interpolate | true | Interpolate in multi time frame mode? |
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