ADX Line AM
- Indicators
- Andriy Matviyevs'kyy
- Version: 26.0
- Updated: 12 September 2023
The indicator analyzes ADX and ATR data to define the current trend and allow traders to gain maximum profit from strong price movements.
The indicator is intuitively clear: line direction change - trend direction change.
Change of the line color warns of a coming direction change.
Extended version of this indicator - Line on Osc.
Customized parameters:
- Ind_Period (>1) - ADX calculation period;
- Sensitivity (>1) - ATR sensitivity.
- Alerts - show a dialog box containing user data;
- Send_Mail - sends an email using an address specified on the Email tab of the options window;
- Send_Notification - sends push notifications to the mobile terminals, whose MetaQuotes IDs are specified in the "Notifications" tab.
This is the best ADX and ATR indicator on the market. Follow the green dot and red dot, this will lead to profitable trade.