Demand Index
Demand Index — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to supply / demand zones. It has 2 settings, for example Length (default 5) and Show Intermediate (default false). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 3 indicator files 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 Demand Index
Demand Index is an indicator for MetaTrader 4. It has 2 settings, such as Length and Show intermediate. MQL source code included.
Files in the download: Demand_Index.mq4, Sibbet's Demand Index 2.mq4, sibbets_demand_index.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Length | 5 | |
| Show intermediate | false |
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: MT4 Indicator · MQL4 Source Code