Forex Instant Trend Filter Trading System
This Old Kings indicator for MetaTrader 4 is called Forex Instant Trend Filter Trading System. As the name suggests, the idea behind it is following the trend. In the code it works with moving averages. It can read another timeframe and shows an on-chart panel. It has 40 settings, for example Time Frame (default 240), MA Method (default 1) and Price (default 6). 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 Instant Trend Filter Trading System
Forex Instant Trend Filter Trading System is an indicator for MetaTrader 4 based on Moving Average. It can show data from another timeframe (MTF) and shows several symbols in one panel. It has 40 settings, such as Time frame, Ma method and Price. MQL source code included.
Files in the download: CC_at_s_v2-1 - mtf.mq4, installation manual.txt, Instant Trendline Filter.mq4, itcc.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 240 | Period or timeframe used by the calculation |
| Ma method | 1 | |
| Price | 6 | |
| USD | 1 | |
| EUR | 1 | |
| GBP | 0 | |
| CHF | 0 | |
| JPY | 0 | |
| AUD | 0 | |
| CAD | 0 | |
| NZD | 0 | |
| Color usd | LimeGreen | Colour on the chart |
| Color eur | Aqua | Colour on the chart |
| Color gbp | Red | Colour on the chart |
| Color chf | Gray | Colour on the chart |
| Color jpy | Yellow | Colour on the chart |
| Color aud | DarkOrange | Colour on the chart |
| Color cad | Magenta | Colour on the chart |
| Color nzd | Teal | Colour on the chart |
| Line thickness | 5 | |
| Mn per | 12 | |
| Mn fast | 3 | |
| W per | 9 | |
| W fast | 3 | |
| D per | 5 | |
| D fast | 3 | |
| H4 per | 20 | |
| H4 fast | 8 | |
| H1 per | 24 | |
| H1 fast | 8 | |
| M30 per | 16 | |
| M30 fast | 2 | |
| M15 per | 16 | |
| M15 fast | 4 | |
| M5 per | 12 | |
| M5 fast | 3 | |
| M1 per | 30 | |
| M1 fast | 10 | |
| Interpolate | true | |
| Alpha | 0.07 |
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 · Multi-Timeframe (MTF) · Dashboards & Scanners · Moving Average · MT4 Indicator · MQL4 Source Code