Forex ADX HD Sqz MTF Indicator
From the Old Kings archive: Forex ADX HD Sqz MTF Indicator, an indicator for MetaTrader 4. Its name points to ADX / DMI trend strength and several timeframes at once. In the code it works with ADX and ATR. It draws arrows on the chart and can read another timeframe. It has 9 settings, for example Time Frame (default 0), ADXperiod (default 14) and DIperiod (default 14). 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 ADX HD Sqz MTF Indicator
Forex ADX HD Sqz MTF Indicator is an indicator for MetaTrader 4 based on ADX and ATR. It draws buy and sell arrows on the chart and can show data from another timeframe (MTF). It has 9 settings, such as Time frame, Ad xperiod and D iperiod. MQL source code included.
Files in the download: ADX_HDSqz_mtf_6thc4.ex4, ADX_HDSqz_mtf_6thc4.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 0 | Period or timeframe used by the calculation |
| Ad xperiod | 14 | Period or timeframe used by the calculation |
| D iperiod | 14 | Period or timeframe used by the calculation |
| B bsqueez arw shift | -15 | Bar shift (0 = current bar) |
| Bol prd | 20 | |
| Bol dev | 2.0 | |
| Kelt prd | 20 | |
| Kelt factor | 1.5 | |
| Bars to count | 1200 |
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 · ATR · MT4 Indicator · MQL4 Source Code