Absolut Strength Indicator MT4 + MT5

The Absolut Strength Indicator highlights a configurable rule set that fires when conditions align on a MT4 and MT5 chart. The build is light, the settings are short, and it stays readable on any timeframe.

What the Absolut Strength Indicator does on the chart

The logic is simple, with no machine learning, no curve fitting, and no hidden lookahead. The indicator reads the bars and outputs a single visual you can read at a glance.

The Absolut Strength Indicator reads price and recent bar structure. It plots the result on the chart. You can read it at a glance. It is built for MT4 and MT5. You drag it onto any chart in one step.

Key features and settings

• Plots its reading on the chart when the configured rule set changes
• Configurable rules so you can tune sensitivity
• Optional alerts on new signals
• Designed as a confirmation tool, not a sole entry trigger
• Full alert system: popup, push notification to mobile MetaTrader, email, and sound — all four channels can be toggled independently from the inputs panel. Alerts fire once per closed bar so you never get spammed mid-tick.
• Built for MT4 and MT5; works on every timeframe the platform supports.
• Lightweight code that does not slow down the chart.

Setting	Description	Default
StrengthPeriod	Rolling window for the up/down sums	10
Smooth	EMA smoothing period (SMA seeded)	5
DisplayScale	Readability scale (same factor on both)	1000.0
BullColor	Bull strength line color	LimeGreen
BearColor	Bear strength line color	Crimson
EnableAlerts	Master alert switch	true
EnablePopup	Popup alert	true
EnablePushNotify	Push notification to phone	false

How to read signals from the Absolut Strength Indicator

The Absolut Strength Indicator highlights a configurable rule set that fires when conditions align. A typical workflow looks like this.

Entry idea (long). Wait for a long signal arrow on the configured rule set and confirm with the bar close. Wait for the bar to close. Intra-bar values can shift.

Entry idea (short). Wait for a short signal arrow on the configured rule set and confirm with the bar close. The same close rule applies.

Exit idea. Trailing the stop along the indicator itself works for trends; a fixed multiple-R target works for range setups. Some traders trail with structure. Others trail with the indicator itself.

These are concepts, not rules. Backtest on your instrument and timeframe before live capital.

Recommended timeframes and instruments

The Absolut Strength works on every timeframe MT4 and MT5 supports. Most traders use it on:

• M15 to H1 for intraday setups during active sessions.
• H4 for trend context and confirmation.

Traders commonly run this style of tool on EURUSD, GBPUSD, USDJPY, AUDUSD, XAUUSD, and major indices such as US30 and NAS100.

How to install on MT4 and MT5

Installation is the same for every indicator on this site. Unzip the download, copy the compiled .ex4 into your MT4 MQL4/Indicators folder (or the .ex5 into MT5 MQL5/Indicators), refresh the Navigator, then drag it onto the chart. For the full step-by-step with alert setup and troubleshooting, see our guide to installing MT4 and MT5 indicators.

Best practices and tips

• Combine the Absolut Strength Indicator with one other tool. A higher-timeframe trend filter or a session tool works well.
• Keep position sizing small while you learn the tool on your instrument.
• Backtest the configuration on at least 200 closed bars before live use.
• Do not chase signals that fire mid-bar. Wait for the close.
• Review your trades weekly. Prune settings that did not perform on your own backtest.

Get the Absolut Strength for MT4 and MT5

The Absolut Strength Indicator is free to download. Enter your email below and the file arrives instantly. We also send updates when new versions ship.

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FAQ

What does the Absolut Strength measure?
It plots a clear signal layer that the Absolut Strength computes from recent price structure on the chart.

Is the Absolut Strength Indicator non-repaint?
The indicator confirms every signal on the bar close, so the printed signal locks in once that bar closes. There is no intra-bar mode on purpose: an early signal could vanish before the bar finishes, and that is what repainting means.

Which timeframe should I use?
There is no single best timeframe. M15 to H1 is a common starting point for intraday traders, and H4 to D1 works for swing traders. Backtest the configuration on the timeframe you actually trade.

Does it work on instruments other than forex?
It works on any instrument MT4 and MT5 supports — forex majors, gold (XAUUSD), indices like US30 and NAS100, and major cryptos. Fast-moving instruments may need a smaller period setting.

Reading the signals

Can I add alerts?
Yes. You can toggle pop-up, sound, push, and email alerts in the inputs. On MT4 and MT5 the alert plays on the bar close that triggers the signal. The Absolut Strength Indicator ships with full alert functionality built in: popup alerts on the chart, push notifications to mobile MetaTrader, email alerts, and a sound alert with a configurable .wav file. You toggle each channel independently from the inputs panel (EnableAlerts, EnablePopup, EnablePushNotify, EnableEmail, EnableSound). Alerts trigger once per closed bar.

For external background reading, see the technical indicator basics.

Are results guaranteed?
No. Trading involves risk. Results are not guaranteed. Past performance is not indicative of future results. Use the Absolut Strength Indicator as one input. Always backtest before trading live.