Flat Trend1
This Old Kings indicator for MetaTrader 4 is called Flat Trend1. In the code it works with ADX and Parabolic SAR. It has 4 settings, for example Minutes (default 5), ADX (default 4) and PSar Step (default 0.09). 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 Flat Trend1
Flat Trend1 is an indicator for MetaTrader 4 based on ADX and Parabolic SAR. It has 4 settings, such as Minutes, ADX and P sar step. MQL source code included.
Files in the download: FlatTrend1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Minutes | 5 | |
| ADX | 4 | |
| P sar step | 0.09 | Distance between orders |
| P sar max | 0.5 |
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