We very often use Average Directional Movement Index (ADX) to identify a trend in forex. We use a simple rule:
- If the indicator is above level 25, the market is in strong trend and we then study the values of DI + and DI- for the nature of the trend.
EasyADX comes to simplify our task, it does all this work for us and alerts us when the market enters a trend and also gives us the nature of the trend. It is presented in the form of a histogram to make its interpretation easy:
- Histogram bar is red: bearish trend
- Histogram bar is green: upward trend
- Histogram bar is gray: market without strong trend
EasyADX takes 4 parameters:
- ADXLevel: the level where we consider that the trend is strong.
- ADXPeriod: the calculation period.
- Notif: yes to send a notification to your phone when the market starts to trend.
- SendAlert: yes to send an alert when the market starts to trend.
Download it and have fun, please remember to rate.
Reversal Hunter is a new leading oscillator. It monitors small changes in volume and price volatility using second derivative, thus providing an accurate prediction of trend reversals. Though Reversal Hunter shows its best results with reliable volume data, special option of "synthetic" volume (which uses OHLC data only) is implemented to optimize performance in case of poor or missing volume data. The oscillator is drawn as two-color line for easy detection of trend changes. Description of inpu
The indicator displays signals according to the strategy of Bill Williams on the chart. Demo version of the indicator has the same features as the paid, except that it can work only on a demo account . Signal "First Wise Man" is formed when there is a divergent bar with angulation. Bullish divergent bar - with lower minimum and closing price in the upper half. Bearish divergent bar - higher maximum and the closing price at the bottom half. Angulation is formed when all three lines of Alligat
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With this AMD Exclusive Two Separate Window Free indicator, you will be able to spot, predict, trade and profit from strong trends of markets This is not a simple indicator, it is a ready to use trade system. AMD Exclusive Two Separate Window Free works only on USDCAD currency pair. The full version of the product has no limitations. Full version: https://www.mql5.com/en/market/product/33589 What we have? Automatic optimization Overbalance (manual, semi-automatic and automatic) Fibonacci P
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