ADX BARS

ADX BARS

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The indicator changes the bar color to the color of the current trend calculated based on the ADX technical indicator. If the trend and candlestick direction match, the color of the bar is light, if opposite, the bar is dark.

Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 31.10.2007.

 

MT5 Indicator – Download Instructions

ADX BARS is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

ADX BARS provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install ADX BARS.mq5?

  • Download ADX BARS.mq5
  • Copy ADX BARS.mq5 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on ADX BARS.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator ADX BARS.mq5 is available on your Chart

How to remove ADX BARS.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Click here below to download MT5 Indicator:

ADX BARS

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