Forex Higher Time Frame Trend Indicator
Forex Higher Time Frame Trend Indicator is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is following the trend. Its source code uses RSI and moving averages. It draws arrows on the chart and can send alerts. It has 14 settings, for example Upper Timeframe (default 240), Upper Timeframe MA 1 (default 10) and Upper Timeframe MA 2 (default 20). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Higher Time Frame Trend Indicator
Forex Higher Time Frame Trend Indicator is an indicator for MetaTrader 4 based on RSI and Moving Average. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 14 settings, such as Upper timeframe, Upper timeframe ma 1 and Upper timeframe ma 2. MQL source code included.
Files in the download: Higher_TimeFrame_Trend_.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Upper timeframe | 240 | Period or timeframe used by the calculation |
| Upper timeframe ma 1 | 10 | Period or timeframe used by the calculation |
| Upper timeframe ma 2 | 20 | Period or timeframe used by the calculation |
| Upper timeframe ma 3 | 50 | Period or timeframe used by the calculation |
| Upper timeframe ma 4 | 100 | Period or timeframe used by the calculation |
| Rsi check on | true | |
| Rsi alert on | true | Turn this alert on or off |
| Rsi period | 12 | Period or timeframe used by the calculation |
| Upper rsi limit | 70 | |
| Lower rsi limit | 30 | |
| Pci period | 5 | Period or timeframe used by the calculation |
| Pci shift | 1 | Bar shift (0 = current bar) |
| Entry buffer | 0.0002 | |
| Dot color | Blue | Colour on the chart |
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 · Buy/Sell Arrows · Alerts · RSI · Moving Average · MT4 Indicator · MQL4 Source Code