ADX Channel Indicator

4.8
This indicator forms a channel based on the readings of the ADX (Average Directional Movement Index) indicator, displays and informs the trader of a price reversal at the boundaries of this channel, and can also report when the price touches the channel boundaries. It also draws additional dotted lines, which depend on the readings of the + DI and -DI of the ADX indicator. It also has an option for filtering signals depending on the readings of the stochastic. The channel drawn by this indicator is a bit like Envelopes or Bollinger, and its lines depend on market volatility. A sell trade is usually carried out when the price touches and bounces off the upper channel line, a buy - from the lower one (in this version of the indicator there is a possibility of notifications when such a signal appears). It is recommended to trade at a time when there is no important news, when the market is calmer. For automatic trading on the ADX channel, you can use the advisor:

It is recommended to use this indicator on timeframes: from m1 to m30.

Options

  • PeriodADX - period of the ADX indicator for drawing the channel;
  • Strength - strength, the greater this parameter, the stronger the channel will depend on the ADX readings;
  • Strength2 - the strength of the additional channels indicated by dashed lines (they depend on the readings of + DI and -DI);
  • History - the number of bars in history to draw lines;
  • EnableTouchAlert - enable notifications when the channel border is touched, or when the price exceeds the channel borders;
  • EnableReverseAlert - enable an alert for a reversal signal when the price moves away from the channel boundaries;
  • SignalOf2Lines - notify and show a reversal signal by an arrow only when two indicator lines intersect at once;
  • EnableStochFilterPeriod - enable filtering of signals by the Stochastic indicator (0 = disabled, more than 0 - setting the period);
  • StochasticSlowing - slowing down of the Stochastic indicator;
  • StochasticLevels - levels of the Stochastic indicator (for example, 30 means that the levels will be 30 and 70).


Avis 5
BSantiago72
70
BSantiago72 2022.11.18 13:11 
 

really great help. Backtest and adjust the settings to your liking. Thanks!!!

RMSCH
224
RMSCH 2022.09.05 13:20 
 

Muito bom, obrigado.

KATTY2010
196
KATTY2010 2022.07.10 23:08 
 

buena

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Combien de fois avez-vous acheté un indicateur de trading avec d' excellents backtests, des preuves de performance sur compte réel avec des chiffres fantastiques et des statistiques partout , mais après l'avoir utilisé, vous finissez par faire sauter votre compte ? Vous ne devriez pas faire confiance à un signal seul, vous devez savoir pourquoi il est apparu en premier lieu, et c'est ce que RelicusRoad Pro fait de mieux ! Manuel d'utilisation + Stratégies + Vidéos de formation + Groupe privé ave
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Trade The Volume Waves Single Member P.C.
4.94 (17)
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Max Ribbon Mt5
Stefano Frisetti
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5 (3)
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Alexander Nikolaev
Some experienced trades can tell where the price will go even without indicators, as the direction of the price can be found using the ordinary candlesticks. The EA compares several nearest bars and their volumes, and opens a trade based on that data. Also, it is able to analyze the candles on two timeframes at the same time to make the entry more accurate and less risky. In addition, the EA can automatically determine the take profit and stop loss size depending on the size of the previous cand
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Alexander Nikolaev
Some candles have a strong tendency to continue the movement or to revert it. With the help of the Colored candles indicator such movements are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it paints the candles depending on its strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indi
It is good to know the presence of a trend on multiple timeframes at once. And even better - on multiple currency pairs at once. This indicator allows to quickly determine the presence of a trend or a flat on 8 timeframes and from 1 to 15 currency pairs at once. Multi Alligator Signals analyzes the signals of the Alligator indicator by Bill Williams on every timeframe (from M1 to W1) and multiple currency pairs (up to 15) simultaneously. If there is a buy signal, a green upward arrow is drawn, i
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Alexander Nikolaev
The EA detects strong movements using the Parabolic indicator and opens a trade. The Commodity Channel Index (CCI) is used as an auxiliary indicator. The CCI levels may depend on the ADX indicator values, which allows for better trading with different volatility. Also, the trades are opened depending on the RSI indicator values on a certain timeframe. Recommended timeframes: M5, M15, M30. Make sure to optimize the parameters of the EA for your account before trading. Input Parameters Lots - lot
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Alexander Nikolaev
5 (2)
The indicator draws lines based on the price Highs and Lows, as well as slant trend lines. Break through the trend line, High or Low usually indicates trend change (or continuation). Once the price moves through a line, and the candlestick closes, the indicator draws an appropriate arrow (also, you can enable alerts). This indicator is easy to use, but nevertheless, there are many trading strategies, which are based on a breakthrough of the trend lines. The number of candlesticks used to determi
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Silver Fraga
151
Silver Fraga 2024.05.04 06:37 
 

Si lo sabes usar, le vas a sacar ventaja, es muy útil

BSantiago72
70
BSantiago72 2022.11.18 13:11 
 

really great help. Backtest and adjust the settings to your liking. Thanks!!!

RMSCH
224
RMSCH 2022.09.05 13:20 
 

Muito bom, obrigado.

KATTY2010
196
KATTY2010 2022.07.10 23:08 
 

buena

Zé Roberto
667
Zé Roberto 2021.10.07 20:37 
 

Estou testando obrigado por compartilhar

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