Market / MetaTrader 4 / Indicators /

EasyAdx

50 USD

Demo downloaded: 27

Published: 15 October 2018

Current version: 2.0

EasyAdx

Name: EasyAdx
Price: 50.00 USD
Author: Raymond Codjia

Indicators
Raymond Codjia
Version: 2.0
Updated: 14 April 2022
Activations: 5

EASY AND SIMPLE STRATEGY - NON REPAINTING - HIGH TIMEFRAME FILTER - EASY TO BACKTEST

*For Desktop MT4 Only

*Great For Scalping

*Great For Swing Trading

*Mobile Alerts, Desktop Alerts

*Works On Any Timeframe

*Works On Forex, Indices, Crypto

*Perfect For New Traders And Expert Traders

We very often use Average Directional Movement Index (ADX) to identify a trend in forex. We use a simple rule:

- If the indicator is above level 25, the market is in strong trend and we then study the values of DI + and DI- for the nature of the trend.

EasyADX comes to simplify our task, it does all this work for us and alerts us when the market enters a trend and also gives us the nature of the trend. For more precision, it uses higher timeframe ADX as filter. It is presented in the form of a histogram and arrow to make its interpretation easy:

- Histogram bar is red: bearish trend

- Histogram bar is green: upward trend

- Histogram bar is gray: market without strong trend

- Red arrow: perfect moment to enter sell trade

- Green arrow: perfect moment to enter buy trade

The indicator is very simple to configure:

- ApplyFilter - the user chooses to apply high timeframe filter or not.

- FilterTF - The filter timeframe.

- Sensibilty - The filter sensibilty (0 to 20).

- ADXLevel - The level to consider the trend strong.

- ADXPeriod - The period to apply to the standard indicator ADX.

- Notif - Notification to phone.

- SendAlert - Alert Popup on desktop.

You will need to own this indicator, it improves the way we trade.

Support is available, we also offer the possibility to customize the indicator according to your trading style and your strategy.

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