IFXSI 2
This Old Kings indicator for MetaTrader 4 is called IFXSI 2. In the code it works with Bollinger Bands, CCI, ADX and the Stochastic oscillator. It draws arrows on the chart and can send alerts. It has 16 settings, for example use ITrend (default true), use Zero Lag (default true) and use ADX (default true). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 IFXSI 2
IFXSI 2 is an indicator for MetaTrader 4 based on Bollinger Bands, CCI, ADX and Stochastic. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 16 settings, such as Use i trend, Use zero lag and Use adx. MQL source code included.
Files in the download: iFXSI.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Use i trend | true | |
| Use zero lag | true | |
| Use adx | true | |
| Confirm on current | false | only confirmation on current bar |
| Show i trend | false | |
| Show zero lag | false | |
| Show adx | false | |
| A period | 50 | Period or timeframe used by the calculation |
| Adx period | 14 | Period or timeframe used by the calculation |
| Bands mode 0 2 | 0 | =0-2 MODE_MAIN, MODE_LOW, MODE_HIGH |
| Power price 0 6 | 0 | =0-6 PRICE_CLOSE,PRICE_OPEN,PRICE_HIGH,PRICE_LOW,PRICE_MEDIAN,PRICE_TYPICAL,PRICE_WEIGHTED |
| Price type 0 3 | 0 | =0-3 PRICE_CLOSE,PRICE_OPEN,PRICE_HIGH,PRICE_LOW |
| Bands period | 20 | Period or timeframe used by the calculation |
| Bands deviation | 2 | |
| Power period | 13 | Period or timeframe used by the calculation |
| Dot loc | 7 |
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: Buy/Sell Arrows · Alerts · Bollinger Bands · CCI · ADX · Stochastic · MT4 Indicator · MQL4 Source Code