MT4 Signal Indicator K4A-2a

Created on Wednesday, May 15, 2019 7:08 AM
Trigger: ADX 5 DI+ / DI- Cross
This indicator can be used as a signal provider for the Foxzard Trader Expert Advisor.
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Buy Conditions

Sell Conditions

ADX 30+

Average Directional Movement Index (ADX) MAIN 14
is above
Constant (Horizontal line) Value: 30

Stoch < 80

Stochastic Main
%K:5 %D:3 Slowing:3 MA Method:Simple Price Field:Low/High

is below
Constant (Horizontal line) Value: 80

MA 5 X MA 6

Moving Average 5 Simple Close
is above
Moving Average 6 Simple Close

ADX DOWN

Average Directional Movement Index (ADX) MAIN 14
points Down

ADX 5 Cross Di+ > Di-

Average Directional Movement Index (ADX) PLUSDI 5
crosses
Average Directional Movement Index (ADX) MINUSDI 5
from bottom to top

ADX 30+ 2

Average Directional Movement Index (ADX) MAIN 14
is above
Constant (Horizontal line) Value: 30

Stoch > 20

Stochastic Main
%K:5 %D:3 Slowing:3 MA Method:Simple Price Field:Low/High

is above
Constant (Horizontal line) Value: 20

MA 6 X MA 5

Moving Average 5 Simple Close
is below
Moving Average 6 Simple Close

ADX DOWN 2

Average Directional Movement Index (ADX) MAIN 14
points Down

ADX 5 Cross Di- > Di+

Average Directional Movement Index (ADX) MAIN 5
crosses
Average Directional Movement Index (ADX) MAIN 5
from top to bottom

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To use this custom indicator on Metatrader 4 platform you need:

  1. Download the MT4 version of this indicator and copy it into your metatrader experts/indicators folder.
  2. Restart your Metatrader 4 terminal.
  3. Indicator will appear under Custom Indicators section. Attach the indicator on the chart.

To use this signal pine script on TradingView platform you need:

  1. Download the pinescript version of this signal.
  2. Open the downloaded text file and copy contents into the tradingview script editor.
  3. Click the "Add to Chart" button.

Use it at your own risk!

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