Advanced ADX MT4 indicator

MT4 indicator Advanced ADX

how to use Advanced_ADX indicator

Advanced_ADX sends 2 types of signals:

Buy - when the histogram is green.
Sell - when the histogram is red.

When Long, the trading rules are:
- as long as each new green histogram bar keeps rising, stay in a trade,

no worries there.
- once the green histogram bar fails to make a new high -

tighten you stop / or place a trailing stop while holding on to a trade.
- once the green has changed to red - exit. 

Also you'll exit earlier if the Stop Loss is hit. 
Opposite for Short:
- as long as each new red histogram bar rises, stay in a Short trade.

- once the red histogram bar fails to make a new high - 

tighten you stop / or place a trailing stop while holding on to a trade.
- once the red has changed to green - exit.

Also you'll exit earlier if the Stop Loss is hit. 

Download Advanced ADX 

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Posted in: MT4 Indicators