Forex Brooky Trend Strength Indicator
Forex Brooky Trend Strength Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to currency strength across pairs and following the trend. Its source code uses moving averages and ATR. It has 15 settings, for example Author Site (default forex-indicators.weebly.), Calculation Periods (default Amount of Bars used to C) and slow period (default 26). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Brooky Trend Strength Indicator
Forex Brooky Trend Strength Indicator is an indicator for MetaTrader 4 based on Moving Average and ATR. It has 15 settings, such as Author site, Calculation periods and Slow period. MQL source code included.
Files in the download: Brooky_Trend_Strength.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Author site | forex-indicators.weebly.com | |
| Calculation periods | Amount of Bars used to Calculate | Number of bars in the calculation |
| Slow period | 26 | Period or timeframe used by the calculation |
| Fast period | 12 | Period or timeframe used by the calculation |
| Signal period | 9 | Period or timeframe used by the calculation |
| Smoothing methods | SMA 0, EMA 1, SMMA 2 LWMA 3 | |
| Slow period method | 1 | Number of bars in the calculation |
| Fast period method | 1 | Number of bars in the calculation |
| Signal period method | 0 | Number of bars in the calculation |
| Price constants | Close 0, Open 1, High 2 Low 3 | |
| To use | Median 4, Typical 5, Weighted 6 | |
| Price constant | 0 | |
| Sensitivity | Control Strength Sensitivity | |
| Min move | 1 | |
| Hi lo bars back | 5 |
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: Trend · Moving Average · ATR · MT4 Indicator · MQL4 Source Code