Advanced ADX Indicator MT5
- Indicateurs
- Eda Kaya
- Version: 1.3
Advanced ADX Indicator for MetaTrader 5
The Advanced ADX Indicator for MetaTrader 5 serves as a dynamic histogram tool used to evaluate trend strength in price movement. Designed for use on the MT5 platform, this indicator oscillates between 0 and 100, with its standard configuration based on a 13-period calculation. Green-colored bars appear during upward trends, while red bars signify bearish movements. A rising ADX value denotes increasing momentum in the market tren
«Indicator Installation & User Guide»
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Advanced ADX Indicator Table
Category | Oscillator – Trend Strength – Technical Tool |
Platform | MetaTrader 5 |
Skill Level | Intermediate |
Indicator Type | Trend Strength – Continuation – Leading |
Timeframe | 1M – 5M – 15M – 30M – 1H – 4H |
Trading Style | Scalping – Day Trading – Short-Term |
Markets | Forex – Crypto – Stock Indices |
Uptrend Visualization
On the daily USD/CAD chart, the Advanced ADX Indicator for MetaTrader 5 presents a sequence of green bars, reflecting a bullish environment. These green signals emerge when the DI+ line overtakes the DI- value. As the ADX metric climbs higher, it corresponds with expanding green bars, confirming growing market momentum in the bullish direction.
Downtrend Visualization
A downward price trend is visible on the one-hour NAS100 chart using the Advanced ADX Indicator for MetaTrader 5, where red bars dominate the histogram. This occurs when the DI- value exceeds DI+, indicating bearish pressure. A continued rise in the ADX score increases the height of the red bars, illustrating intensified market weakness.
Advanced ADX Oscillator Configuration
• ADXPeriod – Defines the calculation period for ADX values.
Summary
The Advanced ADX Indicator for MetaTrader 5 proves most beneficial in markets exhibiting clear directional movement. Operating between 0 and 100, an ADX reading below 25 typically reflects weak trend activity. In contrast, a level above 25 indicates strong directional bias, guiding traders toward higher-probability setups.