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Trend Direction ADX indicator for MT5

Trend Direction ADX indicator

Trend Direction ADX is part of a serie of indicators used to characterize market conditions.
Almost any strategy only work under certain market conditions.
Therefore it is important to be able to characterize market conditions at any time: trend direction, trend strength, volatility, etc..

Trend Direction ADX is an indicator to be used to characterize trend direction:
  • trending up
  • trending down
  • ranging

Trend Direction ADX is based on ADX standard indicator.
Trend Direction ADX displays easy to read information about trend direction with color dots.
Indicator has no input parameters. It is ready to be used directly in you chart without any optimization.
Trend Direction ADX can be used with any time frame.
Trend Direction ADX can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities and Cryptos.

Other indicators for MT4:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.

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All our indicators are developed both for MT4 and MT5.

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Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automa
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Alexey Minkov
5 (6)
The Trend Forecaster indicator utilizes a unique proprietary algorithm to determine entry points for a breakout trading strategy. The indicator identifies price clusters, analyzes price movement near levels, and provides a signal when the price breaks through a level. The Trend Forecaster indicator is suitable for all financial assets, including currencies (Forex), metals, stocks, indices, and cryptocurrencies. You can also adjust the indicator to work on any time frames, although it is recommen
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Bernhard Schweigert
4.53 (15)
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Marzena Maria Szmit
5 (4)
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Versión 1.10 2023.07.04
New compilation