ADX Trend Watcher MT5
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 market situation and as a tool in any trading strategy.
- Scaling - scale of the information panel.
- ADX Period - ADX indicator period.
- Low Trend Level - threshold value for a weak trend.
- Middle Trend Level - threshold value for a moderate trend.
- High Trend Level - threshold value for a strong trend.