The graphical representation of the Advanced ADX indicator differs from classical ADX indicator for easy reading.
The default by period is 13.
The Advanced ADX indicator is presented as a histogram.
The Advanced ADX histogram calculates the difference between the + DI and -DI lines ADX indicator
Broker - Broker Exchange Online : Trading Platform Metatrader MT5
Interpretation Rules - Signal Trading
- Strength of the trend
. The histogram Advanced ADX is above 20 level - trend market, bullish or bearish trend strong
. The histogram Advanced ADX is below level 20 - No trend, range trading conditions
- Purchase Signal
. Bars bullish formation green - Trend bullish
- Sell Signal
. Baissieres bars Training red - Trend bearish
Read more about the rules and trading signals:
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Robot Award - Simple H1 GBPUSD + 3 orders EA
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Graph Exchange - Trading Analysis
Trade Example
Exchange and Financial Markets
Instruments - Trading FOREX USDCHF
time Frame (time unit): 1 hour H1
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