Forex ADX Filter Sbar MTF Indicator
Forex ADX Filter Sbar MTF Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around ADX / DMI trend strength and several timeframes at once. Its source code uses ADX. It draws arrows on the chart and can read another timeframe. It has 12 settings, for example Time Frame (default 0), ADX Period (default 14) and ADX Level (default 20). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 ADX Filter Sbar MTF Indicator
Forex ADX Filter Sbar MTF Indicator is an indicator for MetaTrader 4 based on ADX. It draws buy and sell arrows on the chart and can show data from another timeframe (MTF). It has 12 settings, such as Time frame, Adx period and Adx level. MQL source code included.
Files in the download: ADX Filter sBarM mtf.ex4, ADX Filter sBarM mtf.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 0 | Period or timeframe used by the calculation |
| Adx period | 14 | Period or timeframe used by the calculation |
| Adx level | 20 | |
| Di period | 21 | Period or timeframe used by the calculation |
| Applied price | 0 | |
| S bar level | 5 | |
| Ad xstyle line | false | |
| P ad xstyle line | false | |
| N ad xstyle line | true | |
| Max bars to count | 1500 | |
| Note s bar level | sBarLevel:1-77(bar position) | |
| Note ad xstyle | ADXstyle: Line/Dot |
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 · Multi-Timeframe (MTF) · Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code