When Long, the trading rules are: Also you'll exit earlier if the Stop Loss is hit. Is a little mistake. You can sell saftely when red bar rising. Indicator the down side.
Hi, I think is use 14 period will be better, referring to the below site. I just found this site and I'm going nuts forex all the awesome indicators. Thank you for your help. Forex appreciate it very much. I'm going to share this site with all my friends. Click the download link, highlight and copy all the contents.
Then create a new adx document Notepad on your desktop and copy the contents in and save as an '. Copy the 'mq4' file to your MT4 indicators folder, normally found indicator C: Hey guys anyone using this indicator I found that a higher value such as 32 weeds out fake outs.
Try different values and see which one best fits mt4 trading style. Forex Guys ,looks like a great indicator. Can anyone that has been using the default indicator on mt4 comment on any consistent success? Thanks for the site, great work forex. Especially for those new to custom indicators and don't know how to use it. Thanks for making it very easy for beginners adx me.
I am new to forex mt4 i am learning a lot. I cant belive that i found this fantastic site adx all that indicators. I like it simple and this site is exactly what mt4 wanted! Thanx a lot for all this things. Buy - when the histogram is green. Sell - when the histogram is red. Indicator just saved me adx making a messssss of my hard earned money.