Trend Direction & Force Index Smoothed (MT4)

A practical blend of a trend‑direction filter with a smoothed Elder’s Force Index. It clarifies impulse strength behind price moves, reduces noise, and adds clean color states & alerts for MetaTrader 4.

What it shows

• Smoothed Force Index (volume × price change) to gauge bull/bear pressure.
• Trend‑direction filter to keep signals in the dominant bias.
• OB/OS style bands / mid‑zone to detect exhaustion vs continuation.
• (Optional) alerts/arrows — bias flips, zero‑line crosses, band exits/returns.

Trade ideas

1. Trend + push: trade in the filter’s direction when Force Index crosses above/below zero after a pullback.
2. Impulse re‑entry: after a shallow pullback, enter when Force Index re‑accelerates in trend direction.
3. Fade extremes (range): when bias is flat and Force Index spikes to bands, fade back to mid‑zone with structure.
4. (Optional) Divergence check: lower priority if price HH/LL isn’t confirmed by Force Index.

Inputs that matter

• Force Index period — responsiveness vs stability.
• Smoothing type/length — less noise vs added lag.
• Trend filter — MA type/period or slope logic.
• Levels/alerts — zero line, bands, flips.

Suggested usage

• M5–M15: pullback‑continuations with zero‑line confirmation.
• M30–H4: trend re‑entries and momentum add‑ons.
• Daily+: bias map and participation strength.

Installation (MT4)

1. Open MetaTrader 4 → File → Open Data Folder.
2. Copy ml-Trend direction & force index - smoothed 3 & alerts nmc.ex4 to MQL4/Indicators.
3. Restart MT4 (or refresh Navigator) and attach Trend Direction & Force Index Smoothed.
4. Tweak inputs → OK.

FAQ

Does it repaint? No on closed bars.
Use in EAs? Yes, via iCustom.
Markets? FX, indices, metals, crypto — anything on MT4.

Disclaimer: Test on a demo account first; risk management is essential.