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Forex Adaptive ADX Indicator

Forex Adaptive ADX Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around ADX / DMI trend strength. Its source code uses moving averages. It can send alerts and can read another timeframe. It has 23 settings, for example Time Frame (default Current time frame), Short Limit (default 10) and Long Limit (default 20). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 2 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 Forex Adaptive ADX Indicator

Forex Adaptive ADX Indicator is an indicator for MetaTrader 4 based on Moving Average. It can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 23 settings, such as Time frame, Short limit and Long limit. MQL source code included.

Files in the download: adaptive adx.ex4, adaptive adx.mq4, installation manual.txt.

Settings

SettingDefaultWhat it does
Time frameCurrent time framePeriod or timeframe used by the calculation
Short limit10
Long limit20
Cfb norm length50
Cfb depth6
Cfb pricePRICE_WEIGHTED
Cfb smooth8
Cfb result smooth1.5
Cfb result smooth phase0.0
Cfb result smooth doubletrue
Adx phase0
Adx smooth doubletrue
Smooth length5.0
Smooth phase0
Smooth doubletrue
Adx pricePRICE_CLOSE
Triggerlevel20
Interpolatetrue
Alerts ontrueTurn this alert on or off
Alerts on currentfalseTurn this alert on or off
Alerts messagetrueTurn this alert on or off
Alerts soundfalseTurn this alert on or off
Alerts emailfalseTurn this alert on or off

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: ADX · Alerts · Multi-Timeframe (MTF) · Moving Average · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria