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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.
- 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.