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Average Directional Movement Indicator For MT5

    The ADX (Average Directional Movement) Forex indicator for Metatrader 5 follows the trend and delivers beginner friendly trading signals.

    The indicator is composed of a signal line and D- and DI+ and is most commonly used as a crossover trading system.

    • When the DI+ line > DI- line, the trend is bullish.
    • When the DI+ line < DI- line, the trend is bearish.

    The indicator is solid, non-repaint, and will not slow down your trading platform.

    The ADX indicator can be used as a standalone technical tool or together with other technical indicators.

    Key Points

    • Follows the trend
    • 100% Non repaint
    • Works for any currency pair
    • Works for any time frame
    • Programmed for Metatrader 5

    Free Download

    Download the “ADX.mq5” indicator for MT5

    Example Chart

    The image below shows the ADX indicator attached to the EUR/USD 5-minute trading chart.

    Trading Signals

    The ADX Forex indicator for MT5 can be used in multiple ways, find a basic trading example below:

    Buy Signal:

    • A buy signal is given when the green DI+ line crosses the orange DI- line bottom up.
    • Place your stop loss 3 pips below the most recent swing low price.
    • Exit the buy trade when a sell trading signal occurs on the chart.

    Sell Signal:

    • A sell signal is given when the green DI+ line crosses the orange DI- line top down.
    • Place your stop loss 3 pips above the most recent swing high price.
    • Exit the sell trade when a buy trading signal occurs on the chart.

    Download

    Download the “ADX.mq5” indicator (MT5)

    How to install the ADX Forex indicator in Metatrader 5?

    • Copy the ADX indicator file in the MT5 indicator folder
    • Restart the trading platform
    • Select and attach the indicator to any chart of your preference

    How to remove the indicator from the chart?

    • Click with your right mouse button in the chart
    • Select the indicator list from the dropdown menu
    • Remove the indicator from the list
    • Press close

    Tip

    Make yourself familiar with this trading indicator and fully understand how it works before using it in a real account.