Forex Wilders DMI Indicator
Forex Wilders DMI Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to ADX / DMI trend strength. Its source code uses moving averages. It has 6 settings, for example MA Length (default 1), DMI Length (default 14) and ADX Length (default 14). 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 Wilders DMI Indicator
Forex Wilders DMI Indicator is an indicator for MetaTrader 4 based on Moving Average. It has 6 settings, such as Ma length, Dmi length and Adx length. MQL source code included.
Files in the download: ADX_WildersDMI_v1m.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma length | 1 | Period of additional smoothing |
| Dmi length | 14 | Period of DMI |
| Adx length | 14 | Period of ADX |
| Adxr length | 14 | Period of ADXR |
| Use adx | 1 | Use ADX: 0-off,1-on |
| Use adxr | 1 | Use ADXR: 0-off,1-on |
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 · Moving Average · MT4 Indicator · MQL4 Source Code