Forex ADX VMA Bands Indicator
Forex ADX VMA Bands Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to ADX / DMI trend strength. Its source code uses moving averages. It can read another timeframe. It has 8 settings, for example Time Frame (default Current time frame), Adx Vma Period (default 10) and Adx Vma Price (default PRICE_MEDIAN). 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 VMA Bands Indicator
Forex ADX VMA Bands Indicator is an indicator for MetaTrader 4 based on Moving Average. It can show data from another timeframe (MTF). It has 8 settings, such as Time frame, Adx vma period and Adx vma price. MQL source code included.
Files in the download: adxvma_bands.ex4, adxvma_bands.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Adx vma period | 10 | Period or timeframe used by the calculation |
| Adx vma price | PRICE_MEDIAN | |
| Bands dev period | 20 | Period or timeframe used by the calculation |
| Bands smooth period | 20 | Period or timeframe used by the calculation |
| Bands multiplier | 3 | How much the lot size grows after a loss |
| Trend mode | True | |
| Interpolate | true |
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) · Moving Average · MT4 Indicator · MQL4 Source Code