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Winshots ADX Trend

49 USD

Demo downloaded: 35

Published: 21 January 2021

Current version: 2.3

Winshots ADX Trend

Indicators
Pawel Michalowski
Version: 2.3
Updated: 18 March 2024
Activations: 5

ADX is used to quantify trend strength. ADX calculations are based on a moving average of price range expansion over a given period of time. The default setting is 14 bars, although other time periods can be used. ADX can be used on any trading instrument such as forex pairs, stocks, mutual funds, exchange-traded funds, futures and crypto.

ADX is plotted as a single line with values ranging from a low of zero to a high of 100. ADX is non-directional; it registers trend strength whether price is trending up or down. The standard ADX indicator is usually plotted in the same window as the two directional movement indicator (DMI) lines, from which ADX is derived.

However when you use the standard ADX indicator it can get a little confusing with all the lines zigzagging and crisscrossing. Not only that, when you switch to different time frames the ADX lines could be crossing in the opposite directions confusing you even more.

Winshots ADX Trend indicator takes care of this problem. In one simple view you can quickly determine the state of ADX trend on all time frames! Yes you read that correctly. No more clicking through different time frames looking at ADX lines crisscrossing every which way like hot spaghetti. In addition to showing you exactly what the trend is on every time frame the Winshots ADX Trend indicator also shows you current charts volume for the current and previous bar. This additional feature allows you to quickly determine if there is a strong momentum in the market and if it's worth trading during your chosen time.

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227

Matthew Kotecki 2021.03.30 11:41 #

I would rate 5 stars but it has issues that need to be fixed, such as it spamming a pop alert for the same currency pair 5 or 6 times in less than 1min.it also constantly has repetitive notifications every second, as I close the pop-up notifications and then a few seconds later it appears again.it needs a time delay in minutes between sending each notification.

Can you add push notifications?

for the time being, I would not recommend this indicator for $30

4/12/20 Issues where addressed by developer so I update my rating to 5 stars

the only 1 request I have left it to be able to choose which time frames need to all align to get an alert. for example I want to get an alerts when M30 H1 H4 D1 all line up

I will update my review if he fixes these issues

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The Qualitative Quantitative Estimation (QQE) indicator is a technical analysis tool developed for the MetaTrader 4 (MT4) trading platform. It is designed to help traders identify potential trend reversals and to determine the strength of a current trend. The QQE indicator is calculated based on the Relative Strength Index (RSI) and Moving Average (MA) indicators. The RSI is used to determine the momentum of price movements, while the MA is used to smooth out the price data and identify trends.

50 USD

Winshots Trade Assistant EA decides when to take the the first trade based on the H1 time frame and the Stochastic indicator. It is there to assist you in deciding in which direction you should trade as well as managing all the trades you open on the same chart (it's very useful in scalping on lower time frames). The first trade will always be 1 micro lot, and decision always based on the H1 time frame. Then your job is to open further trades in the same direction as top ups MANUALLY. However

38 USD

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Matthew Kotecki 2021.03.30 11:41 #

Can you add push notifications?

for the time being, I would not recommend this indicator for $30

4/12/20 Issues where addressed by developer so I update my rating to 5 stars

the only 1 request I have left it to be able to choose which time frames need to all align to get an alert. for example I want to get an alerts when M30 H1 H4 D1 all line up

I will update my review if he fixes these issues

1564

Reply from developer Pawel Michalowski 2021.03.31 18:44 #

Thank you Matthew for your feedback. I will try to get this fixed ASAP.

Version 2.3 2024.03.18

In this version:
- bug fixes
- faster refresh rate
- ADX optimization

Version 2.2 2023.06.28

- Added some code to allow for a better internal-object clean up when a new instrument is loaded onto a chart and new values are being loaded for that new instrument

Version 2.1 2023.04.28

Added X-Y offset for a more accurate placement on the chart. Fixed few minor bugs esp. to improve the speed of loading data.

Version 1.9 2022.09.28

The main study used is still ADX but I used the same concept to also add RSI, Bulls vs Bears, and MACD indicators to the scan. In addition, there is a new timer function that allows you to automatically cycle the studies used, which automatically enhances the trader's knowledge about the current instrument on the chart.

Version 1.8 2022.08.04

Added multi-time frame support for Bulls vs. Bears indicator

Version 1.7 2021.04.08

Added new feature requested by a user to sends push notifications to the mobile terminals, whose MetaQuotes IDs are specified in the "Notifications" tab.

Version 1.6 2021.03.31

Improved the ALERTS feature and added an option for E-mail alerts.