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ADX Trend Watcher

This is a very simple and easy-to-use information panel based on the ADX indicator. It shows the strength of the trend in context of several timeframes. It is useful as a general visualization of the situation on the market and as an instrument in the composition of any trading strategy.


Parameters

  • Scaling - scale of the information panel.
  • ADX: Period - ADX indicator period.
  • Low Trend Level - threshold value of a low trend.
  • Middle Trend Level - threshold value of a middle trend.
  • High Trend Level - threshold value of a high trend.
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