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ADX Line AM

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Published: 28 October 2016

Current version: 40.40

ADX Line AM

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

4.75

Indicators
Andrii Matviievskyi
Andrii Matviievskyi
Ukraine

27725
4.5 (25)
18 products 13 topics 47 comments
Version: 40.40
Updated: 21 June 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;
Indicator_Smoothing - indicator line smoothing period;
Indicator_Smoothing_Method - indicator line smoothing method;
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...

722

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 classic technical analysis indicator - RSI. To smooth out sharp fluctuations in the indicator values, a filter is used that cuts off weak changes and focuses the trader's attention on strong fluctuations in the values. The indicator does not repaint on formed bars. For greater efficiency of this indicator, it should be used together with indicators that identify the trend direction, as well as support/resistance levels. The indicat

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This indicator is an interpretation of the Average Directional Movement Index (ADX), which helps to determine the presence of a price trend. It was developed and described in detail in the book "New Concepts in Technical Trading Systems" by Welles Wilder. The indicator determines entry points into the market, using the intersection of the +/- lines of the ADX indicator as a signal, as well as the rise or fall of the main line of the ADX indicator. Crossing the zero line by the indicator indicate

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The indicator improves the idea implemented in the standard Bulls and Bears indicator. This indicator displays the difference between the High and Low for the current period of time and the values of the channel constructed at the maximum and minimum prices, which are smoothed by Laguerre method. The growth of the indicator values above zero indicates that the High for the current period is greater than the average of the High prices. This situation in most cases indicates an increase in the

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The presented product is a trend indicator of technical analysis that allows you to open a position at the very beginning of a significant price movement. The most important qualities of the presented indicator are: The ability to follow the trend for as long as possible to get all the potential profit; Minimization of potential losses in case of a trend reversal or significant correction. The indicator has a wide range of customizable parameters allowing it to be used effectively in any market.

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The presented indicator sets dynamic support/resistance levels on the price chart. The indicator is easy to use and can be useful for both beginners and professional traders. The middle line of the indicator (Central level) helps to identify the current trend: If the closing price is above the central line - the trend is ascending. If the closing price is below the central line - the trend is descending. The presented indicator allows implementing another version of the trading strategy, which w

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The presented product is the author's implementation of the REI (Range Expansion Index) indicator developed by Thomas DeMark. REI Oscillator AM is an indicator that measures the rate of price change and signals overbought/oversold conditions if the price shows weakness or strength. The indicator value changes within the range from -100 to +100. Thomas DeMark suggests using the default period of 8 and the following algorithm for using the indicator: When the price rises above level 60 and then fa

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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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This indicator displays signals on the price chart based on the classic indicator, the Money Flow Index (MFI). Volume is taken into account when calculating MFI values. The MFI can be used to identify overbought and oversold zones in the market. This indicator allows you to display several types of signals on the price chart: MFI crossing the midpoint between the overbought and oversold zones; MFI exiting the overbought or oversold zone; MFI entering the overbought or oversold zone; fast MFI and

50 USD

The presented indicator implements the idea embedded in the classic technical analysis indicators - "Bulls" / "Bears" at a new level. The "Bulls or Bears AM" indicator displays the difference between the maximum and minimum prices for the current period of time and the values of the channel built on the maximum and minimum prices for a longer period. The growth of the indicator values above zero indicates that the maximum price for the current period is greater than the average value of maxi

50 USD

The presented indicator analyzes the direction of the short-term and long-term trend for specified periods, taking into account the volatility of the market. This approach allows combining high sensitivity of the indicator with a high probability of execution of its signals. The principle of use is extremely simple: the indicator histogram is greater than 0 - a buy signal / the indicator histogram is less than 0 - a sell signal. The indicator allows you to configure two types of parameters: fast

50 USD

Filter:

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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.

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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 #

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