Adx+Adxma
From the Old Kings archive: Adx+Adxma, an indicator for MetaTrader 4. As the name suggests, the idea behind it is ADX / DMI trend strength. It has 3 settings, for example ADX period (default 50), ADXMA ln (default 25) and ADXMA type (default MODE_SMA). 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 Adx+Adxma
Adx+Adxma is an indicator for MetaTrader 4. It has 3 settings, such as Adx period, Adxma ln and Adxma type. MQL source code included.
Files in the download: ADX+ADXMA.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Adx period | 50 | ADX period |
| Adxma ln | 25 | ADXMA period |
| Adxma type | MODE_SMA | ADXMA 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: ADX · MT4 Indicator · MQL4 Source Code