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cTrader Advanced ADX Indicator

cTrader Advanced ADX

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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.

Version: 1.0.0 - help?

Type: cTrader Indicator

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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.

Instant Chat Support

If you want a speedy reply to your questions just post your questions on our Telegram chat group.

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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.

Instant Chat Support

If you want a speedy reply to your questions just post your questions on our Telegram chat group.

Send us a message

Risk Disclosure: Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. Moreover, the leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses. ClickAlgo Limited is a company registered in England and Wales with company No. 13117395.