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Trend Direction SAR ADX by Hitz

Trend Direction indicator finds the direction of the trend using 2 indicators, ADX and Parabolic SAR. Change the color of the Sell and Buy strength from the Colors tab in indicator settings.

After you attach the indicator to a chart, it will show the following information on the chart:

  1. Parabolic SAR: Input values of Parabolic SAR Indicator
  2. ADX: Input values of ADX Indicator
  3. Trend Strength: Direction of the trend

You can hide all the information displayed in the chart by setting false to Show On Chart.


Indicator Setting

Parabolic SAR Setting

  • Step: Acceleration factor
  • Maximum: Maximum value of accelerator factor

ADX Setting

  • Period: Number of periods for ADX calculation
  • Applied Price: Method
    • Close
    • Open
    • High
    • Low
    • Median
    • Typical
    • Weighted

Display Setting

  • Display: Shows the indicator information on chart
  • Location: Location of the display window
    • Top-Left: Display all the details in top-left place
    • Bottom-Left: Display all the details in bottom-left place
  • Font Size: Size of the font
  • Other Color: General Color
  • Header/Footer Color: Header and footer color of display window
  • Background Color: Background color of display window
  • Position X: X-axis position of display window
  • Position Y: Y-axis position of display window


Author

Connect with me at https://www.mql5.com/en/users/hitaroratrader

You can contact me for:

  1. Any bug fixing or clarification in the indicator.
  2. New additions to the indicator.
  3. Automating the indicator based on your strategy.
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