• Overview
  • Reviews (8)
  • Comments (4)

ADXSign

Implementation of the Average Directional Movement Index (ADX) indicator described in the book "New Concepts in Technical Trading Systems" by Welles Wilder. The indicator shows the points for opening positions on the chart in the form of arrows.

Input Parameters:

  • InpADXPeriod - ADX indicator period;
  • Lev - the level that must be crossed by the ADX line to obtain a signal for opening a position.

Condition for Opening a Long Position:

  • The line +DI is higher than -DI;
  • The ADX line crosses the level set by the Lev variable upwards.

Displayed with a green arrow up.

Condition for Opening a Short Position:

  • The line -DI is higher than +DI;
  • The ADX line crosses the level set by the Lev variable upwards.

Displayed with a red arrow down.

Reviews 8
Detleff Böhmer
1180
Detleff Böhmer 2019.07.27 17:43 
 

Sendet leider keine Alert-Signale.

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The Missing Edge You Need To Catch Breakouts Like A Pro. Follow a step-by-step system that detects the most powerful breakouts! Discover market patterns that generate massive rewards based on a proven and tested strategy. Unlock Your Serious Edge Get it here ► www.mql5.com/en/blogs/post/723208 Have access to the game changing indicator that will take your trading to the next level! How To Trade Execute your trades in 3 Easy Steps! Step 1: Trade Setup Enter a signal if Success Rate is
98 USD
Pivot Prof
Paul Anscombe
Advanced Support & Resistance Trading Made Easy... Get simple, effective trade opportunities with Pivot Prof and use the Support and Resistance levels professionals use. Pivot Prof brings premium levels to the trader where the market is most likely to react, which is the very thing a trader needs to enter or exit the market, there is little point in trading in no-mans land, that gives the trader no edge whatsoever and leads to larger SL, larger drawdown, smaller TP and more risk. Pivot Prof is
79 USD
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