Indicators: ADXCrossing_HTF_Signal

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ADXCrossing_HTF_Signal:

The ADXCrossing_HTF_Signal indicator shows a trend direction or a signal generated by the ADXCrossing indicator.

Fig.2. The ADXCrossing_HTF_Signal indicator. Signal for trade

Author: Nikolay Kositsin

 

Nikolay, if you are going to modify adxcrossing.mq5 according to my suggestion.

It is good to modify ADXCrossing_HTF_Signal as well. That would output additional alerts STOP Buy, STOP Sell.

Thank you for your labour!

ADXCrossing
ADXCrossing
  • votes: 25
  • 2014.01.08
  • Nikolay Kositsin
  • www.mql5.com
Семафорный стрелочный индикатор, основанный на пересечениях линий DI+ и DI- индикатора ADX.
 

The intersection of DI+ and DI- is not only between each other.

But it is also important which level DI+ or DI- crosses.

For example, DI+ from bottom to top crosses DI- and crosses the level 20 - open a position to buy (Buy).

And when DI+ exceeds the level of 35 we can consider closing the position (STOP Buy).

And vice versa for DI-

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