Forex Tick Watcher Indicator
From the Old Kings archive: Forex Tick Watcher Indicator, an indicator for MetaTrader 4. In the code it works with ADX, Parabolic SAR and Momentum. It can read another timeframe. It has 12 settings, for example _ (default pairs and timeframes), __ (default levels) and Adx Level1 (default 20.00). 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 Tick Watcher Indicator
Forex Tick Watcher Indicator is an indicator for MetaTrader 4 based on ADX, Parabolic SAR and Momentum. It can show data from another timeframe (MTF). It has 12 settings, such as _, __ and Adx level1. MQL source code included.
Files in the download: installation manual.txt, Tickwatcher_2_0.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| _ | pairs and timeframes | |
| __ | levels | |
| Adx level1 | 20.00 | |
| Adx level2 | 30.00 | |
| ___ | colors | |
| Color up | ForestGreen | Colour on the chart |
| Color neutral | Gray | Colour on the chart |
| Color down | OrangeRed | Colour on the chart |
| Color price | LimeGreen | Colour on the chart |
| Color labels | Gray | Colour on the chart |
| ____ | other | |
| Show legend | true |
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: Multi-Timeframe (MTF) · ADX · Parabolic SAR · Momentum · MT4 Indicator · MQL4 Source Code