ADX Advanced (MT4)

ADX Advanced enhances the classic Average Directional Index with clearer +DI / −DI context, optional smoothing, and signal markers/alerts — giving you both trend direction and trend strength in MetaTrader 4.

What it shows

• +DI vs −DI — directional dominance and crossovers.
• ADX line — strength of the current move (rising = trend building, falling = trend fading).
• (Optional) histogram/markers for faster regime recognition.

Trade ideas

1. Direction + strength: take signals when +DI > −DI (long bias) or −DI > +DI (short bias) and ADX is rising.
2. Pullback continuation: in an uptrend, buy dips when +DI recovers and ADX holds firm; mirror for downtrends.
3. Exits: consider reducing risk when ADX rolls over after an extended run even if direction persists.
4. (Optional) Divergence: price pushes further while ADX/DI don’t — be cautious and wait for confirmation.

Inputs that matter

• ADX/DI period — sensitivity of the strength read.
• Smoothing — steadier lines, fewer whipsaws.
• Signal/levels — 20/25/30 strength thresholds.
• Alerts — DI cross, ADX rising/falling, level touches.
• Colors/widths — quick visual read.

Suggested usage

• M5–M15: intraday trend‑following with higher‑TF bias.
• M30–H4: swing continuation and pullback entries.
• Daily+: portfolio‑level trend filter.

Installation (MT4)

1. Open MetaTrader 4 → File → Open Data Folder.
2. Copy advanced-adx.ex4 to MQL4/Indicators.
3. Restart MT4 (or refresh Navigator) and attach ADX Advanced.
4. Tweak inputs → OK.

FAQ

Does it repaint? No — it’s based on closed bars.
Use in EAs? Yes, via iCustom.
Markets? FX, indices, metals — anything your broker provides on MT4.

Disclaimer: Test on a demo account first. No indicator guarantees profits; risk management is essential.