ADX Buy Sell Indicator
Platform: MT5 Type: Scalping Last update: January 26, 2025The ADX Buy Sell Indicator for MT5 displays upwards and downwards arrows based on crossovers between -di and +di lines. Typically the average directional index is used to measure trend strength, but in this case the readings are used to provide potential trade entries and exits.
Example chart:
As you can see, the generated signals are rather suitable for scalpers. Most of the time, this adx-based indicator catches small movements, but from time to time it finds large swings and huge winners as well.
Trading tips for the adx buy sell indicator in metatrader 5
In order to achive better accuracy with this indicator, combine signals on the current chart with the trend direction on a higher timeframe. For example, if you are trading on the H1 chart, confirm the trend direction using the H4 chart.
Let’s say you received an buy arrow on H1 and this should be in agreement with buy arrow from H4. This approach ensures that trades align with the broader market direction.
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