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Multi timeframe ADX indicator

Advanced ADX indicator that allows operating on many timeframes simultaneously!

Unique indicator with the ability to display ADX charts not only on the current timeframe, but also on higher ones. The example attached shows how it is possible to see 3 ADX chart on M5, M15 and M30 timeframes respectively. This functionality allows to significantly improve the accuracy of determining the trend.

The Timeframe Delta parameter specifies how much the indicator’s timeframe should be different from the timeframe of the current chart. For example, if the current TF = M15, then the following options are available:

  • If timeframe delta = 0, the indicator will draw using TF = M15
  • If timeframe delta = 1, the indicator will draw using TF = M30
  • If timeframe delta = 2, the indicator will draw using TF = H1
  • And so on ...

The maximum period that can be used by the indicator is 1 month.

Apart from such standard parameters as a period the indicator also tries to identify the existence and the direction of the trend using current and higher timeframes simultaneously. The user specifies the location of the text on the chart.

The indicator also provides the ability to customize display of levels, as well as colors of the lines. By default, the following values are used:

  • Green line: + DI
  • Red line: -DI
  • Yellow line: ADX

Please contact the author in case if any changes or enhancements are required.

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The indicator for automatic drawing of Fibonacci-based Moving Averages on the chart. It supports up to eight lines at a time. The user can configure the period of each line. The indicator also provides options to configure color and style of every line. In addition, it is possible to show indicator only on specific time frames. Please contact the author for providing additional levels or if you have any other suggestions.
The indicator for presenting current spread in real time. It is a very simple still useful indicator for manual trading and market analysis. The indicator shows current spread (in 4-digit format) for the selected instrument. You can specify the place on the chart where indicator shall print the output as well as output color. Please contact the author if any changes are required.
Simply drop the indicator on a chart, and you will always know when candlesticks form one of the Price Action patterns! The indicator automatically analyzes recently closed candles, and notifies if they form any of the Price Action patterns. The following classical patterns are analyzed: Pin bar Outer bar Pivot Point Reversal Double base Closing price reversal Force bar Mirror bars Move-congestion-move For each pattern, the indicator also shows trade direction in accordance with the classical Pr
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Version 1.2 2020.03.25
The indicator was recompiled on MT4 build 1260 in order to improve the performance, get the latest fixes and support the latest features of the MT4 library.