MTF Momentum
MTF Momentum is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around price momentum and several timeframes at once. Its source code uses Momentum. It can read another timeframe. It has 2 settings, for example Time Frame (default 60) and Momentum Period (default 14). 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 MTF Momentum
MTF Momentum is an indicator for MetaTrader 4 based on Momentum. It can show data from another timeframe (MTF). It has 2 settings, such as Time frame and Momentum period. MQL source code included.
Files in the download: #MTF_Momentum.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | 60 | Period or timeframe used by the calculation |
| Momentum period | 14 | Period or timeframe used by the calculation |
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: Momentum · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code