BeST ADX Scalping Strategy

BeST_ADX Scalping Strategy Indicator

• Draws definite Entry and Exit Signals
• Draws always only after the bar closing and so is non-repainting and non- backpainting
• Displays suitable Stop-Loss and Take-Profit Levels
• Displays a real-time updated Info and Statistics Comment Table
• Has fully customizable colors, sizes & distances of all Chart objects
• Implements all MT4  Alerts for the Entry and Exit Signals 

Note

It’s recommended to use the indicator as a Scalper on the M1 and M5 charts.
For better profits, use on low spread currency pairs mainly.

For a Buy Signal:

Aim for 4 – 10 pips profit/buy trade.
Place a stop loss below short-term support or use your own preferred SL value/method.

For a Sell Signal: 

Aim for 4 – 10 pips profit/sell trade.
Place a stop loss above short-term resistance or use your own preferred SL value/method. 

Inputs 

• LB Period for ADX
• Price Applied to ADX
• Level for ADX
• LB Period for PDI
• LB Period for MDI
• Take Profit Value (in pips)
• Stop Loss Value (in pips)