Forex FPM Trend Power Indicator
From the Old Kings archive: Forex FPM Trend Power Indicator, an indicator for MetaTrader 4. As the name suggests, the idea behind it is following the trend. In the code it works with ADX. It has 9 settings, for example ADX Period (default 14), Strong Uptrend Color (default Lime) and Strong Dntrend Color (default Red). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 FPM Trend Power Indicator
Forex FPM Trend Power Indicator is an indicator for MetaTrader 4 based on ADX. It has 9 settings, such as Adx period, Strong uptrend color and Strong dntrend color. MQL source code included.
Files in the download: Final Draft ADXdigit.ex4, Final Draft ADXdigit.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Adx period | 14 | ----ADX period |
| Strong uptrend color | Lime | --------------color for strong uptrend |
| Strong dntrend color | Red | ---------------color for strong downtrend |
| Weak uptrend color | LimeGreen | ----------color for weak uptrend |
| Weak dntrend color | Tomato | -------------color for weak downtrend |
| Show adx value | true | --------ADX value |
| Win | 1 | |
| Xx | 55 | |
| Yy | 20 |
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 · ADX · MT4 Indicator · MQL4 Source Code