Flat Trend V21
From the Old Kings archive: Flat Trend V21, an indicator for MetaTrader 4. As the name suggests, the idea behind it is following the trend. The file name marks it as version 21. In the code it works with ADX and Parabolic SAR. It has 1 setting, for example Minutes (default 15). 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 · v21 · Free
About Flat Trend V21
Flat Trend V21 is an indicator for MetaTrader 4 based on ADX and Parabolic SAR. It has 1 setting, such as Minutes. MQL source code included.
Files in the download: FlatTrend V21.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Minutes | 15 |
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: Trend · ADX · Parabolic SAR · MT4 Indicator · MQL4 Source Code