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DMX Oscillator Metatrader 4 Indicator

    This indicator is called the DMX indicator for MT4. The DMX fluctuates above and below the zero line (center line).

    Forex traders can use this indicator for zero line crossover signals, bullish and bearish divergences,…

    The Most Common Trading Signals From DMX

    BUY: Buy a bullish zero line crossover (above 0.00). DMX color changes from red to green bar.
    SELL: Sell a bearish zero line crossover (below 0.00). DMX color changes from green to red bar.

    DMX is best used in conjunction with trend following indicators such as simple moving averages.


    Download the DMX.mq4 Metatrader 4 indicator.

    Configurable Indicator Options

    Colors, WeightDM, WeightDI, WeightDX, WeightOut,…

    USD/JPY 1 Hour Chart Example


    How to install the DMX Oscillator custom indicator in Metatrader 4?

    • Download the DMX.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.