The ADX-MA indicator for MT4 is a trend following indicator with built-in smoothing filter.
It doesn’t provide you with signals, but rather gives you an indication of what you should be looking for, i.e., looking for buy signals or sell signals.
Trading Signals
BUY: Look for buy signals above the blue line (bullish trend).
SELL: Look for sell signals below the red line (bearish trend).
Use in conjunction with other technical indicators to create a complete trading system.
Download
Download the ADX MA.mq4 indicator.
Configurable Indicator Options
MA_Period, Cross_Over_Threshold,CountBars
EUR/USD 1 Hour Chart Example
How to install the ADX MA custom indicator in Metatrader 4?
- Download the ADX MA.mq4 indicator to your computer.
- Open your Metatrader 4 platform.
- Open the data folder from the top menu.
- Open the MQL4 folder.
- Open the indicators folder.
- Paste the indicator file in this folder.
- Restart the trading platform.
- Open any trading chart.
- Attach the indicator to the chart.