Forex ADX Standart Deviation Indicator
This Old Kings indicator for MetaTrader 4 is called Forex ADX Standart Deviation Indicator. Judging by its name, it is built around ADX / DMI trend strength. It has 4 settings, for example ADXPeriod (default 5), ADXMode (default 1) and Std Period (default 3). 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 Forex ADX Standart Deviation Indicator
Forex ADX Standart Deviation Indicator is an indicator for MetaTrader 4. It has 4 settings, such as Adx period, Adx mode and Std period. MQL source code included.
Files in the download: ADX-StDev.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Adx period | 5 | ADX |
| Adx mode | 1 | 0=MODE_SMA; 1=MODE_EMA; 2=MODE_SMMA; 3=MODE_LWMA. |
| Std period | 3 | Standard Deviation |
| Std mode | 0 | 0=MODE_SMA; 1=MODE_EMA; 2=MODE_SMMA; 3=MODE_LWMA. |
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