Advanced ADX Indicator MT4
- Индикаторы
- Eda Kaya
- Версия: 1.3
Advanced ADX Indicator for MetaTrader 4
The Advanced ADX Indicator for MetaTrader 4 (MT4) is designed to gauge the intensity of prevailing price movements in the market. This tool visualizes the strength of the trend using a histogram that spans from 0 to 100, using green bars to indicate bullish strength and red bars for bearish momentum. A taller histogram bar reflects a more dominant trend. The oscillator typically uses a 13-period setting as its default configuration.
«Indicator Installation & User Guide»
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Advanced ADX Indicator Table
Category | Oscillator – Trend Strength – Trade Support |
Platform | MetaTrader 4 |
Skill Level | Intermediate |
Indicator Type | Momentum – Leading – Trend-Following |
Timeframe | M1 – M5 – M15 – M30 – H1 – H4 |
Trading Style | Scalping – Day Trading – Short-Term Strategies |
Markets | Forex – Crypto Assets – Global Indices |
Bullish Signal Using the Advanced ADX Histogram
On a 30-minute GBP/USD chart, when the D+ line surpasses the D- line and the ADX line rises concurrently, it signals increasing bullish momentum and a strengthening uptrend.
Bearish Signal Using the Advanced ADX Histogram
On a 5-minute AUD/USD chart, when the D- line moves above the D+ line and the ADX line begins to fall, it reflects a decline in selling pressure and the weakening of a bearish trend.
Configuration Options for the Advanced ADX Histogram
• ADXPeriod: Adjusts the lookback period used to compute the ADX values.
Summary
The Advanced ADX Oscillator oscillates between values of 0 to 100. When readings rise above 25, the trend is generally considered robust. Values under 25 suggest low directional strength. This indicator is especially effective in identifying solid trends within active markets.