SC MTF Adx for MT4 with alert

What is ADX?

The Average Directional Movement Index (ADX), developed by J. Welles Wilder, is a technical indicator used to measure the strength of a trend, regardless of its direction. The ADX is derived from the Positive Directional Indicator (+DI) and Negative Directional Indicator (-DI), but it does not indicate trend direction�only the strength.

ADX values range from 0 to 100. Generally, values below 20-25 suggest a weak or non-existent trend (ranging market), while values above 25 indicate a strong trend. Values above 50 suggest a very strong trend. The ADX is particularly useful for identifying whether the market is trending or ranging, helping traders decide whether to use trend-following strategies or range-bound strategies. Unlike directional indicators, ADX rises when either uptrends or downtrends strengthen.

Features:

• Visual signal markers with arrows and vertical lines
• Three independent signal buffers with configurable triggers
• Signal detection options: direction change, level cross, peak/valley
• Configurable alert functions for each signal (email, push, sound, popup)
• Multi-timeframe (MTF) capability with interpolation methods
• Histogram or line drawing mode
• Multiple color modes (simple, direction-based, level-based)
• Custom indicator call (iCustom) buffer access for Expert Advisor (EA) integration

Input Parameters:

• Basic Settings:
  • ADX bar shift: Offset the line drawing by specified number of bars.
  • ADX Period: Number of periods for ADX calculation (default: 14).
  • ADX timeframe: Choose timeframe for MTF display.
  • MTF Interpolation mode: Select smoothing method (Off, Linear, Smooth, Weighted, Simple Moving Average).
• Levels Settings:
  • Show level: Toggle level line visibility.
  • Adjust level value: Set custom level position (default: 25, typical threshold for trend strength).
  • Level appearance: Customize color, style, and width.
• Signal Settings:
  • Signal 1/2/3 trigger: Configure detection type (direction change, level cross, peak/valley).
  • Visual markers: Enable arrows and vertical lines with customizable size, style, and position.
  • Arrow customization: Set Wingdings codes and colors for up/down signals.
• Alert Settings:
  • Alert timing: Choose when alerts trigger (Off, After close, Before close, Both).
  • Alert interval limit: Set minimum minutes between repeated alerts.
  • Time range filter: Restrict alerts to specific hours.
  • Delivery methods: Enable email, push, popup, and sound notifications.
• Color and Style Settings:
  • Color mode: Select from multiple modes (simple, direction-based, level-based).
  • Histogram mode: Switch between line and histogram display.
  • Line appearance: Customize colors (4 per line), style, and width.