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Montdouan-De-Sprimont
18 Th06 2019 06:42

ADX and DI With Coloured Histogram BUY/SELL 

Mô tả

We display here the ADX has a colored histogram, which is
- green when ADX and DI+ are higher then DI-, while the ADX is increasing, meaning that we are in a potential uptrend--> we should rather be long (only buy if you have other concordant signals !)
- red when ADX and DI- are higher then DI+, while the ADX is increasing, meaning that we are in a potential downtrend --> we should rather be short (only sell if you have other concordant signals !)
- not visible if none of these conditions are met, meaning that the indicator do not show a potential trend --> don't use this indicator to buy or sell at this stage

Bình luận
dalld700
What's the best indicator to add confluence to this indicator? Thanks
MB2022
this is really simple and very intelligent way of reading ADX Signal- KUDOS!
anvesh_kn
How to get alerts for buy and sell signal ?
jdmesquita
Indicator with good assertiveness. Too bad I don't have it for mt4
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