ADX Trend AM
- Indicadores
- Andriy Matviyevs'kyy
- Versión: 26.0
- Actualizado: 12 septiembre 2023
- Activaciones: 5
One of the basic rules of trading is that the trend is your friend.
The presented indicator is one of the best solutions for building your own trading system.
Basic rules for its use:
- Green line - buy trades are allowed;
- Red line - sell trades are allowed.
The indicator displays signals confirming the development of a bullish and bearish trend using the ADX oscillator algorithm.
Average directional movement index (ADX) determines a price movement direction comparing its high and low with high and low of a price for a longer period.
A version of this indicator with extended functionality is Line on Osc.
After a candle is formed, the signals do not repaint.
The indicator is very simple and can be easily used by both novices and professional traders.
Custom Parameters:
- Ind_Period (>1) - ADX indicator period;
- Ind_Smoothing (>0) - indicator smoothing;
- Ind_Sensitivity (>0) - indicator sensitivity.