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Tag: ADX

Indicators, PINs and EAs that use the Average Direction Movement (ADX) indicator. The ADX is generally used to determine the strength and direction of a market trend. Therefore, a low value can indicate that there is no strong trend in the market and that the market may, in fact, be ranging.

JagzFX ADX Indicator PIN

Posted on 2018-01-12 by Jagz

This is a simple ADX cross/direction PIN. You might find this helpful to confirm for trend emergence (using the DI cross), or to confirm if the market is trending rather than ranging (i.e above threshold).

This entry was posted in Downloads, JagzFX Free Tools, MT4 Indicators and tagged ADX, Dashboard Trading, EAX, Free PIN, MT4, PIN. Bookmark the permalink.
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Content in the blog or forums represents the personal opinions of the respective authors and should not be considered as professional financial advice or a recommendation to trade.

Software is provided without warranty or guarantee for experimentation purposes only, and should not be used as part of a live trading strategy without careful configuration and extensive testing over an extended period of time.

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Trade Responsibly

The majority of retail investors lose money when trading forex and other forms of CFD. No responsibility is accepted by JagzFX for any losses or other injury resulting from the use of content or software posted on this site.

Content in the blog or forums represents the personal opinions of the respective authors and should not be considered as professional financial advice or a recommendation to trade.

Software is provided without warranty or guarantee for experimentation purposes only, and should not be used as part of a live trading strategy without careful configuration and extensive testing over an extended period of time.

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