Absolute Strength Market 6
This Old Kings indicator for MetaTrader 4 is called Absolute Strength Market 6. As the name suggests, the idea behind it is currency strength across pairs. It draws arrows on the chart and can read another timeframe. It has 8 settings, for example Time Frame (default PERIOD_CURRENT), Use RSI (default true) and Length (default 10). 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 · v1.0 · Free
About Absolute Strength Market 6
Absolute Strength Market 6 is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart and can show data from another timeframe (MTF). It has 8 settings, such as Time frame, Use rsi and Length. MQL source code included.
Files in the download: AbsoluteStrength Market.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | PERIOD_CURRENT | Time frame |
| Use rsi | true | Use rsi = true or stochastic = false |
| Length | 10 | Length |
| Signal | 5 | Signal period |
| Smooth | 5 | Smooth period |
| Ma method | ma_sma | Moving average type |
| Price | pr_close | Price |
| Ind value | 1 | Arrow location |
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: Buy/Sell Arrows · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code