The CronexAC_Signal indicator shows information on the current trend using the values of the CronexAC indicator with a fixed timeframe.
The source of a signals is the mutual arrangement of the main and signal lines of the indicator. The indicator displays the color of the cloud of the source CronexAC indicator. Color stars on the line occur when the bar of the corresponding timeframe changes.
The indicator requires CronexAC.mq5 indicator file. Place it to terminal_folder\MQL5\Indicators.
Figure 1. The CronexAC_Signal indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/2412
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.