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Winshots ADX Trend Scanner

5
Trading in the direction of a strong trend reduces risk and increases profit potential. In general the average directional index (ADX) is used to determine when the price is trending strongly. In many cases, it is the ultimate trend indicator! After all, the trend may be your friend, but it sure helps to know who your friends are. 

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 criss-crossing. Not only that, when you switch between different instruments and different time frames the ADX lines could be crossing in the opposite directions confusing you even more!

Winshots ADX Trend Scanner indicator takes care of this problem. In one simple view you can quickly determine the state of ADX trend on all time frames, on many different FX currency pairs!!!  Yes you read that correctly.  No more clicking through different time frames of different Forex pairs looking at ADX lines criss-crossing every which way like hot spaghetti. In addition to showing you exactly what the trend is on every FX pair and every time frame the Winshots ADX Trend Scanner indicator also highlights the FX pair that is strongly trending on ALL time frames.  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.


In version 1.3 I've added new exciting features! The main study used is still ADX but I used the same concept to also add RSI, MACD, Stochastic and CCI (in 1.4 latest) studies 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. Furthermore, the instruments loaded into the scanner are loaded from the Market Watch window instead of being hardcoded. This may be CPU intensive so it is recommended that you only add a few instruments initially to the Market Watch to see how your computer will behave. If your computer is relatively new this should not be a problem. Enjoy having a clear view of the markets you trade! :-)


Recensioni 1
getcashgod
176
getcashgod 2023.04.27 05:39 
 

Purchased both adx trend indicators five stars

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nota: questo indicatore e' per METATRADER4, se vuoi la versione per  METATRADER5 questo e' il link:  https://www.mql5.com/it/market/product/108123 TRENDMAESTRO riconosce un nuovo TREND sul nascere, non sbaglia mai. La sicurezza di identificare un nuovo TREND non ha prezzo. DESCRIZIONE TRENDMAESTRO identifica un nuovo TREND sul nascere, questo indicatore prende in esame la volatilita' i volumi ed il momentum per identificare il momento in cui c'e' un'esplosione di uno  opiu' di questi dati
RealValueIndicator EURUSD
KERT RAEBOVOITRA
Indicatori
Indicator : RealValueIndicator Description : RealValueIndicator is a powerful tool designed specifically for trading on the EURUSD pair. This indicator analyzes all EUR and USD pairs, calculates their real currency strength values, and displays them as a single realistic value to give you a head start on price. This indicator will tell you moves before they happen if you use it right. RealValueIndicator allows you to get a quick and accurate overview of the EURUSD currency pair tops and bottoms,
TrendDecoder Premium
Christophe, Pa Trouillas
5 (3)
Indicatori
Identificare i range e le prossime mosse probabili   |  Ottenere i primi segnali e la forza delle tendenze   |  Ottenere uscite chiare prima dell'inversione   |  Individuare i livelli di Fibo che il prezzo testerà Indicatore non tracciante e non ritardato - ideale per il trading manuale e automatizzato - adatto a tutti gli asset e a tutte le unità temporali Offerta limitata nel tempo >>   50% OFF Dopo l'acquisto, contattatemi su questo canale  per le impostazioni personalizzate. Versione   MT5 :
Smart Market Structure Concepts MT4
Jing Bo Wu
4.84 (61)
Indicatori
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
PipFinite Exit Scope
Karlo Wilson Vendiola
4.95 (21)
Indicatori
Did You Have A Profitable Trade But Suddenly Reversed? Exiting a trade is equally important as entering! Exit Scope helps maximize your current trade profit and avoid turning winning trades to losers. Attention Exit Signals are NOT to be used in entering a trade! Exit means closing your trades to avoid correction/reversal which can wipe out existing profit or haunt break-even orders. Please watch presentation (Click Here) Features Generates instant exit signals based on price action, volat
TPA True Price Action MT4 Indicator
InvestSoft
4.33 (82)
Indicatori
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo
Master Pullback
TDINVEST LLP
5 (3)
Indicatori
- 50% OFF - Telegram group : https://t.me/+5RIceImV_OJmNDA0 MT5 version : https://www.mql5.com/en/market/product/85917?source=Site+Market+Product+Page Master Pullback is a complete system that gives unique trading opportunities and a clear indication of the market: trend, signals as well as stop loss and take profit levels. This system has been designed to be as simple as possible and detects extreme overbought and oversold zones, support and resistance levels, as well as the major trend. You
Advanced Currency IMPULSE with ALERT
Bernhard Schweigert
4.91 (494)
Indicatori
ATTUALMENTE SCONTATO DEL 31%! La soluzione migliore per ogni principiante o trader esperto! Questo indicatore è uno strumento di trading unico, di alta qualità e conveniente perché abbiamo incorporato una serie di caratteristiche proprietarie e una formula segreta. Con un solo grafico fornisce avvisi per tutte le 28 coppie di valute. Immaginate come migliorerà il vostro trading perché sarete in grado di individuare l'esatto punto di innesco di una nuova tendenza o opportunità di scalping!
Reversal Sniper
Elmira Memish
5 (3)
Indicatori
Reversal Sniper is designed to find the extreme reversals of the price. Indicator collects data of Cycle Sniper Indicator. NOTE: REVERSAL SNIPER Indicator is made for Cycle Sniper Users as an additional tool.  However, it can be used by the traders who look for finding out strong reversal levels. Indicator works on all timeframes and all instruments. Reversal  Sniper  Checks: Harmonic Patterns RSI Zig Zag and Harmonic Swings Cycle Sniper Indicator's Buy / Sell Signals The complex algo i
Up down v6T
Guner Koca
5 (1)
Indicatori
Thise indicator is up down v6  comes with tradingwiev version. purchased people, after installed on terminal ,contact me on mql5  to get BONUS  TradingView version. up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that is dow
Italo Levels Indicator
Italo Santana Gomes
5 (7)
Indicatori
BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO LEVELS INDICATOR  is the best levels indicator ever created, and why is that? Using high volume zones on the market and Fibonacci the Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many levels indicators around the internet are not complete, does not help, and it's difficult to trade, but the   Italo Levels Indicator is different , the Ital
Altri dall’autore
Winshots Massive FX Profits
Pawel Michalowski
Indicatori
Stop searching for and trying new indicators! Get Winshots Massive FX Profits indicator and set yourself apart from the crowd.  Years of trading experience led us to the building of this all in one indicator! Trade like the pro with Winshots Massive FX Profits! This indicator uses the following methodologies to help you become a more consistent profitable trader: - MARKET VOLUME PROFILE - DAILY CANDLE OUTLINE  - ATR LEVELS - DAILY PIVOTS LEVELS - PRICE CYCLES ANALYSIS What is VOLUME P
Winshots ICT Silver Bullet SMC System
Pawel Michalowski
Indicatori
This indicator will help you identify the key zones needed for The Silver Bullet Strategy which are:  The three time-windows the ICT mentioned in the strategy Window 1: 3 AM and 4 AM New York time Window 2: 10 AM and 11 AM New York Time Window 3: 2 PM to 3 PM New York Time Bullish and bearish supply and demand zones which will help you identify FVG inside those time windows T he previous day's high and low, draw on liquidity The indicator does not plot the FVGs to avoid cluttering the chart  Exi
Winshots 3 multi timeframe MAs
Pawel Michalowski
Indicatori
Purpose: The function of this indicator is to draw 3 moving averages (MA's) lines on the main MT4 price chart.   The MA's are from 3 different timeframes specified by the user independent of the chart that is currently displayed. When you toggle your chart view through different time frames, the 3 MA's will continue to display the MA lines for the time frames specified in the properties. Example: The default settings map out three 50 bars MA's for H4, D1 and W1 time frames. During intraday tradi
FREE
Winshots Color PSAR
Pawel Michalowski
Indicatori
The parabolic stop and reverse (PSAR) indicator was developed by J. Welles Wilder, Jr. as a tool to find price reversals which can be utilized as stop-loss levels as well as trade triggers. The notable difference about the PSAR indicator is the utilization of time decay. The PSAR indicator forms a parabola composed of small dots that are either above or below the trading price. When the parabola is below the stock price, it acts as a   support   and trail-stop area, while indicating bullish up t
FREE
Winshots ADX Trend
Pawel Michalowski
5 (1)
Indicatori
Trading in the direction of a strong trend reduces risk and increases profit potential. In general the average directional index (ADX) is used to determine when the price is trending strongly. In many cases, it is the ultimate trend indicator! After all, the trend may be your friend, but it sure helps to know who your friends are.  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
Winshots Pivot Levels
Pawel Michalowski
Indicatori
What is a Pivot? A pivot is a significant price level known in advance which traders view as important and may make trading decisions around that level. As a technical indicator, a pivot price is similar to a resistance or support level. If the pivot level is exceeded, the price is expected to continue in that direction. Or the price could reverse at or near that level. What does a Pivot Tell You? There are pivots and pivot points. These terms may mean different things to different people
Winshots QQE Quantitative Qualitative Estimation
Pawel Michalowski
Indicatori
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.
Winshots Trade Assistant EA
Pawel Michalowski
Experts
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
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getcashgod
176
getcashgod 2023.04.27 05:39 
 

Purchased both adx trend indicators five stars

Pawel Michalowski
1567
Risposta dello sviluppatore Pawel Michalowski 2023.04.28 00:09
Thank you for your kind words! Rest assured I still use both myself every day for day trading and whenever there is a fix or a new feature idea I will make sure to update it here as well :-)
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Versione 1.5 2024.03.18
In this version:
- bug fixes
- faster refresh rate
- loading instruments from the Market Watch list only
- ADX optimization
Versione 1.4 2023.04.28
Added the Commodity Channel Index (CCI) study to the scanner and fixed a couple of minor bugs to speed up loading the data.
Versione 1.3 2022.09.28
The main study used is still ADX but I used the same concept to also add RSI, MACD, and Stochastic studies 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. Furthermore, the instruments loaded into the scanner are loaded from the Market Watch window instead of being hardcoded. This may be CPU intensive so it is recommended that you only add a few instruments initially to the Market Watch to see how your computer will behave. If your computer is relatively new this should not be a problem.