Forex Bidara DMI Trading System
From the Old Kings archive: Forex Bidara DMI Trading System, an indicator for MetaTrader 4. Its name points to ADX / DMI trend strength. In the code it works with MACD, RSI and moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 31 settings, for example TF (default 0), RSI (default == RSI ===) and RSIPeriod (default 14). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 14 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 Bidara DMI Trading System
Forex Bidara DMI Trading System is an indicator for MetaTrader 4 based on MACD, RSI and Moving Average. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 31 settings, such as TF, RSI and Rsi period. MQL source code included.
Files in the download: Bidara ARROW.ex4, Bidara ARROW.mq4, Bidara HAS.ex4, Bidara HAS.mq4, Bidara_CT.ex4, Bidara_CT.mq4, Bidara_DMI.ex4, Bidara_DMI.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| TF | 0 | Period or timeframe used by the calculation |
| RSI | == RSI === | |
| Rsi period | 14 | 14 |
| Alarm on | True | |
| Move arrow | 10 | |
| Count bars | 1000 | 500 |
| Ma metod | 0 | |
| Ma period | 1 | Period or timeframe used by the calculation |
| Ma metod2 | 3 | |
| Ma period2 | 2 | Number of bars in the calculation |
| Smooth | 14 | |
| Hide di plus | False | |
| Hide di minus | False | |
| Hide dx | true | |
| Hide adx | true | |
| Hide adxr | true | |
| Note1 | Change font colors automatically? True = | |
| Bid ask colors | True | Colour on the chart |
| Note2 | Default Font Color | |
| Font color | MediumSpringGreen | Colour on the chart |
| Note3 | Font Size | |
| Font size | 24 | |
| Note4 | Font Type | |
| Font type | Arial Black | |
| Note5 | Display the price in what corner? | |
| What corner | 1 | |
| Time frame | 0 | Period or timeframe used by the calculation |
| Fast ema | 8 | |
| Slow ema | 21 | |
| Signal sma | 8 | |
| Applied price | 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 · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · MACD · RSI · Moving Average · MT4 Indicator · MQL4 Source Code