All ADX Dashboard Metatrader 4 Forex Indicator

The All ADX Dashboard Metatrader 4 forex indicator displays ADX (invented by Wilder) for 7 different time frames.

This makes it easy for anyone one to check the ADX trend across multiple time frames before making a buy or sell trade decision.

Supported time frames: 15-minute, 30-minute, 1-hour, 4-hour, day, week and month.

ADX consists of 3 components; DI+ (green line), DI- (red line) and trend strength line (yellow line).

The crossover of the DI+ green signal line and DI- red signal line creates a simple trend trading system.

A buy signal occurs when DI+ crosses above DI+ from below.

A sell signal occurs when DI- crosses above DI+ from below.

The default ADX period is set to 14 but can be adjusted to whatever period you need.

Free Download

Download the all-adx-indicator.mq4” MT4 indicator

Example Chart

The EUR/USD 15-Minute chart below displays the All ADX Dashboard Metatrader 4 Forex indicator in action.

Basic Trading Signals

Signals from the All ADX Dashboard MT4 forex indicator are easy to interpret and goes as follows:

Buy Signal: Open buy trade when the green DI+ signal line crosses back above the red DI- signal line from below.

Sell Signal: Open sell trade when the red DI- signal line crosses back above the green DI+ signal line from below.

Trade Exit: Close the open buy/sell trade when an opposite signal occurs, or use your own method of trade exit.

Download

Download the all-adx-indicator.mq4” Metatrader 4 indicator

MT4 Indicator Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: Chart pattern indicator

Customization options: Variable (ADX period, Show higher time frames, Bars per time frame) Colors, width & Style.

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: trend

Installation

Copy and paste the all-adx-indicator.mq4 into the MQL4 indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Indicators (paste here)

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