Forex GG Trend Bar Indicator
This Old Kings indicator for MetaTrader 4 is called Forex GG Trend Bar Indicator. As the name suggests, the idea behind it is following the trend. In the code it works with ADX and Parabolic SAR. It has 11 settings, for example Indicator Setup (default >>> Indicator Setup:<<<), ADX Period (default 14) and ADX Price (default PRICE_CLOSE). 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 GG Trend Bar Indicator
Forex GG Trend Bar Indicator is an indicator for MetaTrader 4 based on ADX and Parabolic SAR. It has 11 settings, such as Indicator setup, Adx period and Adx price. MQL source code included.
Files in the download: GG-TrendBar.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Indicator setup | >>> Indicator Setup:<<< | |
| Adx period | 14 | Period or timeframe used by the calculation |
| Adx price | PRICE_CLOSE | |
| Step psar | 0.02 | Distance between orders |
| Max psar | 0.2 | |
| Display setup | >>> Display Setup:<<< | |
| Up color | Lime | Colour on the chart |
| Down color | Red | Colour on the chart |
| Flat color | Yellow | Colour on the chart |
| Text color | Aqua | Colour on the chart |
| Corner | 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: Trend · ADX · Parabolic SAR · MT4 Indicator · MQL4 Source Code