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ADX Line AM

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Published: 28 October 2016

Current version: 40.20

ADX Line AM

Name: ADX Line AM
Rating: 4.75 (4 reviews)
Author: Andrii Matviievskyi

4.75

Indicators
Andrii Matviievskyi
Andrii Matviievskyi
Ukraine

27293
4.6 (24)
13 products 13 topics 47 comments
Version: 40.20
Updated: 31 May 2026

This indicator, interpreting ADX and ATR data, clearly and accurately identifies the current trend, allowing the trader to get the most out of strong price movements.

The indicator is intuitive to use:

a change in line direction means a change in trend direction;
a change in line color warns of an imminent change in direction.

The indicator does not repaint and allows you to send notifications about its signals to a mobile terminal and email.

Configurable parameters:

ADX_Medium_Coefficient - the weight value of the ADX indicator built on average prices;
ADX_Medium_Period - the period of the ADX indicator built on average prices;
ADX_Close_Coefficient - the weight value of the ADX indicator built on closing prices;
ADX_Close_Period - the period of the ADX indicator built on closing prices;
Sensitivity - indicator sensitivity;
Oscillator_Signal - the indicator gives signals about a change in trend direction based on ADX indicator data;
Line_Signal - the indicator signals about a change in trend direction based on the ADX indicator and the ATR indicator;
Distance - the distance between the indicator signals and the price chart;
Alerts - the indicator displays a dialog box containing user data;
Send_Mail - the indicator sends an email to the address specified in the settings window on the "Mail" tab;
Send_Notification - the indicator sends a notification to mobile terminals whose MetaQuotes ID is specified in the settings window on the "Notifications" tab.

Attention:

Please note that any market is constantly changing and there is no guarantee that methods that have been effective in the past will show the same results in the future.

To minimize potential losses, you should regularly optimize the product parameters, study the results of its work and withdraw part of the profit received.

It is recommended that before using the product on a real account, you test its work on a demo account in the same market and with the same broker where you plan to trade.

With respect and best wishes,

Andrii Matviievskyi

P.S.

If you liked this product, I would be grateful for a fair assessment - positive user reviews motivate the author, and reasonable criticism allows us to make products better.

I suggest visiting my page where you will find many unique author's works that are the result of many years of studying exchange trading and FOREX trading.

more...

717

Giulio Franceschini 2024.09.05 10:18 #

A very useful indicator as an entry confirmation for those who work in scalping, I find it excellent.

410

James Wioos 2022.02.08 03:40 #

This is the best ADX and ATR indicator on the market. Follow the green dot and red dot, this will lead to profitable trade.

wawilon 2021.08.06 10:08 #

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The presented indicator is an original development based on the idea embedded in the classic technical analysis indicator - Fractals. The Fractals indicator allows you to determine a significant trough or peak for analysis on the price chart of the financial instrument in question. The fractal itself on the price chart consists of candles, the middle of which is either the highest (up fractal) or the lowest (down fractal) of all the candles taken for analysis. The original indicator uses five ca

FREE

The presented indicator is the author's implementation of the classic trading idea: Moving averages of different periods diverge over time on a strengthening trend and converge on a weakening trend. The proposed product allows you to clearly demonstrate: The direction of price movement; Temporary price rollbacks; Zones of multidirectional price movement. Namely: The indicator lines go up and diverge from each other - a strong bullish trend; The indicator lines go down and diverge from each othe

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The indicator displays the signals of the RSX Oscillator. The main type of signal is given when the oscillator exceeds the 0 value. If the "Sensitivity" parameter increases above zero, the main signal will also be given when overbought/oversold levels are overcome, defined as zero plus sensitivity and zero minus sensitivity. An additional signal is given when the direction of the oscillator line changes. It is optimal to use the indicator signals as signals to open a trade when the price overcom

35 USD

The indicator displays the signals of the RSX oscillator on the price chart. (To display these signals in a separate window, along with the oscillator, another indicator is used - RSX Oscillator AM ). It is optimal to use the indicator signals as signals to open a trade when the price overcomes the maximum or minimum of the bar at which the signal was given. An opposite signal cancels the previous signal. Settings: Data period for indicator calculation - data period for indicator calculation;

35 USD

The indicator displays the RSX oscillator in a separate window. The indicator's signals are best used as signals for opening a deal when the price breaks the high or low of the bar on which the signal was given. The opposite signal cancels the previous signal. Settings: Data period for indicator calculation - data period for indicator calculation; Price used to calculate the indicator - price used to calculate the indicator; Oversold level (-1=> 0 <=1) - oversold level; Overbought level (-1=>

35 USD

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717

Giulio Franceschini 2024.09.05 10:18 #

A very useful indicator as an entry confirmation for those who work in scalping, I find it excellent.

410

James Wioos 2022.02.08 03:40 #

This is the best ADX and ATR indicator on the market. Follow the green dot and red dot, this will lead to profitable trade.

ismael1971 2021.09.18 06:42 #

very nice when i see green and red color at the first time that my loss or tf thanks man.

wawilon 2021.08.06 10:08 #

Хороший индикатор