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    cTrader Advanced ADX Indicator

    cTrader Advanced ADX


    Limited Support (Read Me)

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    This Directional Movement System (ADX) indicator for the cTrader platform provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. The average directional index (ADX) is used to determine when the price is trending strongly.
    Type: cTrader Indicator
    Current version: 1.0.0
    Updated: Tuesday, 13 April 2021
    Author: ClickAlgo Team

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    What Is The (ADX) Indicator?

    The ADX indicator is used to evaluate the trend strength and the calculations are based on a moving average of price range expansion over a given period of time. you will find that with most indicators the default setting is 14 bars, although other time periods can be used. This indicator can be used with most instruments.


    It usually plots as a single line with values ranging from a low of zero to a high of 100, but with this advanced version, it is shown as bars for the bullish and bearish trends and as the ADX indicator registers trend strength whether the price is trending up or down. 

     

    cTrader Advanced ADX Indicator

     

    How To Install

    First, make sure you have the cTrader trading platform installed and then simply unzip the file and double-click on it to automatically install onto the platform.

     

    Join Telegram Community

    You can join a Telegram community and chat with other traders to discuss, share and ask for help.

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    Copyright © 2023 ClickAlgo Limited is a company registered in England and Wales with (Company No. 13117395) Kemp House 160 City Road, London EC1V 2NX


    Charting indicators & cBots used on this site are for the cTrader Desktop platform in which our tools are built on, and cTrader is a registered trademark of Spotware Ltd

    This site & the products & services ClickAlgo offers are for informational & educational purposes only. All content is to be considered hypothetical, selected after the fact, in order to demonstrate our product and should not be construed as financial advice.
    Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Past performance does not guarantee future results.

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