ADX Buy Sell Indicator analyzes the ADX based on the market price data of the selected timeframe and displaying it as the trade signals. Which are plotted as colored up/down arrows around the price bars. A blue arrow pointing upward below the price bar represents the buy signal and a red one above the price bar means the sell signal. An opposite signal of the trade entry can be used as an exit signal. Due to ADX Buy Sell Indicator is a short-term indicator, so the Indicator generates frequent trading signals. Althought, you may add other indicators you desire like Moving Averages or Oscillators in order to confirm the trade signals.
After finish the installation of ADX Buy Sell Indicator at MT4 platform, the main trading chart will display like the following image:
ADX Buy Sell Indicator |
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