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Winshots ADX Trend Scanner

Trading in the direction of a strong trend reduces risk and increases profit potential. In general the average directional index (ADX) is used to determine when the price is trending strongly. In many cases, it is the ultimate trend indicator! After all, the trend may be your friend, but it sure helps to know who your friends are. 

ADX is used to quantify trend strength. ADX calculations are based on a moving average of price range expansion over a given period of time. The default setting is 14 bars, although other time periods can be used.  ADX can be used on any trading instrument such as forex pairs, stocks, mutual funds, exchange-traded funds, futures and crypto.

ADX is plotted as a single line with values ranging from a low of zero to a high of 100. ADX is non-directional; it registers trend strength whether price is trending up or down.  The standard ADX indicator is usually plotted in the same window as the two directional movement indicator (DMI) lines, from which ADX is derived.

However when you use the standard ADX indicator it can get a little confusing with all the lines zigzagging and criss-crossing. Not only that, when you switch between different instruments and different time frames the ADX lines could be crossing in the opposite directions confusing you even more!

Winshots ADX Trend Scanner indicator takes care of this problem. In one simple view you can quickly determine the state of ADX trend on all time frames, on many different FX currency pairs!!!  Yes you read that correctly.  No more clicking through different time frames of different Forex pairs looking at ADX lines criss-crossing every which way like hot spaghetti. In addition to showing you exactly what the trend is on every FX pair and every time frame the Winshots ADX Trend Scanner indicator also highlights the FX pair that is strongly trending on ALL time frames.  This additional feature allows you to quickly determine if there is a strong momentum in the market and if it's worth trading during your chosen time.


In version 1.3 I've added new exciting features! The main study used is still ADX but I used the same concept to also add RSI, MACD, Stochastic and CCI (in 1.4 latest) studies to the scan. In addition, there is a new timer function that allows you to automatically cycle the studies used, which automatically enhances the trader's knowledge about the current instrument on the chart. Furthermore, the instruments loaded into the scanner are loaded from the Market Watch window instead of being hardcoded. This may be CPU intensive so it is recommended that you only add a few instruments initially to the Market Watch to see how your computer will behave. If your computer is relatively new this should not be a problem. Enjoy having a clear view of the markets you trade! :-)


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Indicateurs
Dynamic Center of Gravity Indicator Revolutionary Price Action Trading System Harness the power of price momentum with the Dynamic Center of Gravity indicator - an advanced price action trading tool designed for serious traders. This innovative indicator identifies powerful gravity zones that attract rapid price movements, creating high-probability trading opportunities when momentum breaks free from these zones. Key Features Pure price action analysis - no lagging indicators Works effectively a
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5 (2)
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MetaForecast prédit et visualise l'avenir de n'importe quel marché en se basant sur les harmoniques des données de prix. Bien que le marché ne soit pas toujours prévisible, s'il y a un motif dans les prix, MetaForecast peut prédire l'avenir aussi précisément que possible. Comparé à d'autres produits similaires, MetaForecast peut générer des résultats plus précis en analysant les tendances du marché. Paramètres d'entrée Past size (Taille passée) Spécifie le nombre de barres que MetaForecast util
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Indicateurs
The indicator very accurately determines the levels of the possible end of the trend and profit fixing. The method of determining levels is based on the ideas of W.D.Gann, using an algorithm developed by his follower Kirill Borovsky. Extremely high reliability of reaching levels (according to K. Borovsky  - 80-90%) Indispensable for any trading strategy – every trader needs to determine the exit point from the market! Precisely determines targets on any timeframes and any instruments (forex, met
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4.61 (33)
Indicateurs
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4.93 (15)
Indicateurs
Advanced version of CyberZingFx Volume Plus, the ultimate MT4 indicator for traders seeking highly accurate buy and sell signals. With an additional strategy and price action dot signals that enhances its effectiveness, this indicator offers a superior trading experience for professionals and beginners alike. The CyberZingFx Volume Plus Advanced version combines the power of volume analysis and historical price data with an additional strategy, resulting in even more precise and reliable signals
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Indicateurs
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Bernhard Schweigert
4.87 (31)
Indicateurs
ACTUELLEMENT 20% DE RÉDUCTION ! La meilleure solution pour tout débutant ou trader expert ! Cet indicateur est spécialisé pour montrer la force de la devise pour tous les symboles comme les paires exotiques, les matières premières, les indices ou les contrats à terme. C'est le premier de son genre, n'importe quel symbole peut être ajouté à la 9ème ligne pour montrer la force réelle de la devise de l'or, l'argent, le pétrole, DAX, US30, MXN, TRY, CNH etc. Il s'agit d'un outil de trading unique
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Bernhard Schweigert
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Indicateurs
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4.5 (26)
Indicateurs
THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HERE
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Winshots QQE Quantitative Qualitative Estimation
Pawel Michalowski
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Winshots Trade Assistant EA
Pawel Michalowski
Experts
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Winshots ICT Silver Bullet SMC System
Pawel Michalowski
Indicateurs
This indicator will help you identify the key zones needed for The Silver Bullet Strategy which are:  The three time-windows the ICT mentioned in the strategy Window 1: 3 AM and 4 AM New York time Window 2: 10 AM and 11 AM New York Time Window 3: 2 PM to 3 PM New York Time Bullish and bearish supply and demand zones which will help you identify FVG inside those time windows T he previous day's high and low, draw on liquidity The indicator does not plot the FVGs to avoid cluttering the chart  Exi
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getcashgod
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getcashgod 2023.04.27 05:39 
 

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Pawel Michalowski
1659
Réponse du développeur Pawel Michalowski 2023.04.28 00:09
Thank you for your kind words! Rest assured I still use both myself every day for day trading and whenever there is a fix or a new feature idea I will make sure to update it here as well :-)
Répondre à l'avis
Version 1.5 2024.03.18
In this version:
- bug fixes
- faster refresh rate
- loading instruments from the Market Watch list only
- ADX optimization
Version 1.4 2023.04.28
Added the Commodity Channel Index (CCI) study to the scanner and fixed a couple of minor bugs to speed up loading the data.
Version 1.3 2022.09.28
The main study used is still ADX but I used the same concept to also add RSI, MACD, and Stochastic studies to the scan. In addition, there is a new timer function that allows you to automatically cycle the studies used, which automatically enhances the trader's knowledge about the current instrument on the chart. Furthermore, the instruments loaded into the scanner are loaded from the Market Watch window instead of being hardcoded. This may be CPU intensive so it is recommended that you only add a few instruments initially to the Market Watch to see how your computer will behave. If your computer is relatively new this should not be a problem.