ADXm – indicator MetaTrader 4

ADXm - indicator for MetaTrader 4
Unlike the traditional ADX indicator, where the ADX itself is plotted in absolute units and detection of the trend direction is hindered, this indicator clearly displays the positive and negative ADX half-waves (displayed as colored on the chart). And the DI+/- signals are displayed as their difference (gray). The method of using this indicator is … Read more

ADXm – indicator MetaTrader 5

ADXm - indicator for MetaTrader 5
Originally this indicator was developed for MetaTrader 4 by ANG3110 (it was originally posted here : ) Here I would like to quote the original description : Unlike the traditional ADX indicator, where the ADX itself is plotted in absolute units and detection of the trend direction is hindered, this indicator clearly displays the positive … Read more

ADXm (vhf adaptive) – indicator MetaTrader 5

ADXm (vhf adaptive) - indicator for MetaTrader 5
Version of ADXm that can be calculated using vhf (vertical/horizontal filter) for adapting the calculation period instead of having only fixed period. In order to see the effects of adapting, longer periods are advised ‌(shorter periods have very little benefit of any kind of adapting). That way on a longer periods it can “react” to … Read more

VHF adaptive ADXm – indicator MetaTrader 5

VHF adaptive ADXm - indicator for MetaTrader 5
Basics: Originally this indicator was developed for MetaTrader 4 by ANG3110 (it was originally posted here : From the original description: Unlike the traditional ADX indicator, where the ADX itself is plotted in absolute units and detection of the trend direction is hindered, this indicator clearly displays the positive and negative ADX half-waves (displayed as … Read more