Forex MTH ADX Cross Binary Options Strategy
Forex MTH ADX Cross Binary Options Strategy is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is ADX / DMI trend strength. Its source code uses ADX. It draws arrows on the chart and can send alerts. It has 7 settings, for example ADXbars Period (default 14), Use ADX level (default true) and ADX level Threshold (default 20). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 3 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 MTH ADX Cross Binary Options Strategy
Forex MTH ADX Cross Binary Options Strategy is an indicator for MetaTrader 4 based on ADX. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 7 settings, such as Ad xbars period, Use adx level and Adx level threshold. MQL source code included.
Files in the download: ADXcrossesNon-repainting.ex4, ADX_Crossing_v.2.0.MX1Alert.mq4, installation manual.txt, ! b765 MTH SMA_ADX Cross Arrow Indi Basic SetUp.ex4, speak_b6.dll, MTH ADX SMA CROSS.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ad xbars period | 14 | Period or timeframe used by the calculation |
| Use adx level | true | |
| Adx level threshold | 20 | |
| Count bars | 350 | |
| Alert | true | Turn this alert on or off |
| Sound | true | Turn this alert on or off |
| Sound file | wait.waw | Turn this alert on or off |
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: ADX · Binary Options · Buy/Sell Arrows · Alerts · MT4 Indicator · MQL4 Source Code