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Wajdyss ADX Forex Indicator (MT4)

    The Wajdyss ADX Forex indicator for MT4 provides solid buy/sell trading signals based on the classic ADX technical indicator + filter.

    The signals will appear on the main chart window in the form of colored arrows.

    The indicator is very reliable, lightweight, and will not slow down your trading platform.

    After you downloaded and installed the indicator on the MT4 trading platform, it should look like the image as shown below.

    Key Points

    • ADX signals indicator
    • Non-repaint buy/sell arrows
    • Beginner friendly
    • Well worth adding to your indicator collection

    This indicator can work together with any existing trading strategy or system as a trend reversal signals confirmation tool.

    Free Download 

    Download the “wajdyss_ADX_Indicator_V1.mq4” MT4 indicator

    Indicator Example Chart

    The EUR/USD 1-hour chart below shows the Wajdyss ADX trading indicator in action.

    Basic Trading Signals

    Signals from the Wajdyss ADX Forex indicator for Metatrader 4 are easy to interpret and goes as follows:

    BUY:

    • A buy signal is given as soon as the green ADX signal arrow gets printed on the chart.
    • Place stop loss below support.
    • Exit the buy trade for a predetermined profit target or wait for a sell signal.

    SELL:

    • A sell signal is given as soon as the red ADX signal arrow gets printed on the chart.
    • Place stop loss above short-term resistance.
    • Exit the sell trade for a predetermined profit target or wait for a buy signal.

    Download This Forex Indicator

    Download the “wajdyss_ADX_Indicator_V1.mq4” MT4 indicator

    Adjustable Parameters & Settings

    ADX period, pips, alert

    Feel free to explore the indicator’s different parameters and settings to create your own personalized indicator setup.

    More Info About This Indicator

    Currency Pairs: works on any currency pair

    Trading Platform: developed for Metatrader 4 (MT4)

    Time Frames: any

    Indicator Type: ADX

    How to install the Wajdyss ADX indicator in Metatrader 4?

    • Copy and paste the wajdyss_ADX_Indicator_V1.mq4 indicator into the MQL4 indicators folder.
    • You can access this folder from the top menu as follows:
    • File > Open Data Folder > MQL4 > Indicators (paste here)

    How to remove the indicator from the chart?

    • Right click in the chart
    • Select indicators list
    • Click on the indicator’s name
    • Click on the delete button
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