This advanced trend-detecting MT4 indicator uses the complex algorithms to calculate relationships between ADX, Moving Averages and MACD. The product can be used as a supporting tool. Enter the market when a buy or a sell arrow appears and exit if the opposite signal arrives.
- Unique trend detection that avoids whipsaws and uncertain market noise.
- Good buy and sell arrow signals.
- Good for scalper trading.
- No repaints.
- No backpaints.
- Never recalculates.
- Signals are generated strictly on the "Close of the each bar".
- Compatible with an Expert Advisor development.
- ADX_Period: ADX indicator calculation period.
- ADX_AppliedPrice: Applied price for ADX (default is Close).
- FastMA_Period: Fast Moving Average and MACD period.
- FastMA_Method: Fast Moving Average method (default is EMA).
- SlowMA_Period: Slow Moving Average and MACD period.
- SlowMA_Method: Slow Moving Average method (default is EMA mode).
- SignalMA_Period: Signal Moving Average and MACD period.
- SignalMA_Method: Signal Moving Average method (default is SMA).
- MA_AppliedPrice: Applied price for three MAs (default is Close).
- UpArrow_Color and DownArrow_Color: arrow color.
- UpArrow_Width and DownArrow_Width: arrow width.
It has some other options for chart color display and alerts (popup, notification and email).