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.
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.
Configurable Indicator Options
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.