Forex ADX Smothed Indicator
Forex ADX Smothed Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to ADX / DMI trend strength. Its source code uses ADX. It has 4 settings, for example per (default 14), alpha1 (default 0.25) and alpha2 (default 0.33). 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 Smothed Indicator
Forex ADX Smothed Indicator is an indicator for MetaTrader 4 based on ADX. It has 4 settings, such as Per, Alpha1 and Alpha2. MQL source code included.
Files in the download: ADX HSm.ex4, ADX HSm.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Per | 14 | |
| Alpha1 | 0.25 | |
| Alpha2 | 0.33 | |
| Price type | 0 |
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 · MT4 Indicator · MQL4 Source Code