ind a mu
Info
The ind a mu is a Indicator for MetaTrader 4 that the indicator specifies on trend and lateral movements of the price. The description of adjustments:- period_fast - period of averaging for calculation fast sliding average;- period_slow - period of averaging for calculation slow sliding average;- ma_shift - shift of the indicator concerning the price diagram;- ma_method - method of averaging.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use ind a mu
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
the indicator specifies on trend and lateral movements of the price.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.
Description & Settings
Related: Institutional Ehlers Fisher Transform: Advanced Price Normalization for MT4 - another powerful indicator for MetaTrader 4 traders.
the indicator specifies on trend and lateral movements of the price.Also recommended: External Range Liquidity (ERL) Indicator: Advanced Market Structure and Liquidity Analysis - similar indicator with strong performance on MetaTrader 4.
The description of adjustments:
- period_fast - period of averaging for calculation fast sliding average;
- period_slow - period of averaging for calculation slow sliding average;
- ma_shift - shift of the indicator concerning the price diagram;
- ma_method - method of averaging. Can be any of the following methods of sliding average (moving average):
- 0 - (sma) simple sliding average.
- 1 - (ema) sliding average. smma
- 2 - (smma) smoothed sliding average. lwma
- 3 - (lwma) linearly - is weighed sliding average.
- applied_price - used price. There can be any of the following price constants:
- 0 - (close) the price of closing.
- 1 - (open) the price of opening.
- 2 - (high) a ceiling price.
- 3 - (low) a floor price.
- 4 - (median) the average price, (high+low) /2.
- 5 - (typical) the typical price, (high+low+close) /3.
- 6 - (weighted) the weighed price of closing, (high+low+close+close) /4.
You may also like: B Bands Psar Indicator - excellent alternative for indicator users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property indicator_chart_window
#property indicator_buffers 2
#property indicator_color1 green
#property indicator_color2 red
#property indicator_width1 2
#property indicator_width2 2
extern int period_fast = 12;
extern int period_slow = 21;.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.