The ADX Bollinger WA indicator is a popular and useful tool for traders in the forex market. This free indicator is designed for use on the MT4 platform and combines the Average Directional Index (ADX) with Bollinger Bands. The ADX component of the indicator helps traders identify the strength of a trend, while the Bollinger Bands help spot potential trend reversals. When the ADX line is above a certain level and the price is touching the upper Bollinger Band, this could indicate an overbought condition and a possible reversal. Conversely, if the ADX line is below a certain level and the price is touching the lower Bollinger Band, this could signal an oversold condition and a potential rebound. Overall, the ADX Bollinger WA indicator is a valuable tool for traders looking to identify trends and potential entry or exit points in the forex market.
MT4
ADX Bollinger WA
ADX Bollinger WA Indicator is a popular and useful forex indicator for MT4. It combines Bollinger Bands and ADX to help traders identify trends and potential reversal points. The indicator is free to use and provides clear signals for entering and exiting trades. Traders can use it to confirm trends and measure market volatility.
Indicator Type | |
---|---|
Trading Style | |
Timeframe | |
Platform |
0
People watching this product now!
Category: Volume
Downloads - 21
Description
Reviews (0)
Be the first to review “ADX Bollinger WA” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
Scalper Dream
The Scalper Dream Indicator is a popular and free Forex indicator for MT4. It is a useful tool for traders to analyze the market and make informed decisions. The indicator is designed to provide clear entry and exit signals, helping traders to maximize their profits. The Scalper Dream Indicator is easy to use, and it provides traders with a comprehensive overview of the market. The indicator is free to use and can be downloaded from the Indicatorspot website.
Hawkeye Volume
The Hawkeye Volume Indicator is a useful and popular free Forex indicator for MT4 that helps traders make better trading decisions. This indicator uses price and volume to identify potential market reversals and breakouts. It takes into account the buying and selling pressure of the market, as well as the volume of trades. By analyzing these factors, the indicator can help traders to identify potential trading opportunities.
Tick Volume
The Tick Volume Indicator is a popular and useful free Forex indicator for MT4 trading platforms. It is used to measure the amount of trading activity in the Forex market by monitoring the number of transactions that occur in a given period. The indicator works by counting the number of ticks that occur in a given period. The indicator then calculates the total number of ticks during that period and displays the results in an easy-to-read chart. The Tick Volume Indicator is a great tool for traders who want to gain a better understanding of the Forex market and make smarter trading decisions.
Advanced ADX
The Advanced ADX Indicator is a popular and free forex trading tool designed for MT4 platform. It provides traders with accurate trend direction signals by analyzing the strength of the market trend. The Advanced ADX Indicator is a new addition to the forex indicator market and has gained popularity among traders due to its ease of use and accuracy. It is a must-have for any trader looking to improve their trading strategy and profitability.
Better Volume New Alerts
The Better Volume New Alerts Indicator is a popular, free and useful Forex indicator for MT4. The indicator uses a unique algorithm to analyze the volume of a given currency pair, and then displays a graphical representation of the volume to indicate when a trend is forming. This allows traders to quickly identify when a trend may be forming and take advantage of it. This makes it an invaluable tool for traders of all levels.
Trading Volume
The Trading Volume Indicator is a useful, free Forex indicator for the popular MT4 platform. It is designed to help traders measure the volume of a currency pair in order to get an idea of the strength of the current trend. The indicator is easy to use and can be used to identify entry and exit points. The Trading Volume Indicator is a popular tool that can be used by traders to identify potential trading opportunities in the Forex market. It is a useful tool for both novice and experienced traders and is free to download and use.
Market Facilitation Index
The Market Facilitation Index (MFI) is a popular and free Forex indicator that is useful for traders in the MT4 platform. The MFI indicator works by measuring the difference between the high and low prices of a currency pair and then calculating the average of the difference. This average is then used to measure the market’s direction and strength. By tracking the MFI, traders can better understand the market’s direction and make informed decisions. The MFI indicator is a great tool for traders who want to stay ahead of the market and maximize their profits.
Percentage Volume Oscillator
The Percentage Volume Oscillator (PVO) is a popular and free forex indicator for the MetaTrader 4 (MT4) trading platform. It is useful in measuring the strength of a trend by comparing the volume of a particular period to the volume of the previous period. It is calculated by subtracting the 26-period exponential moving average (EMA) of volume from the 12-period EMA of volume. The PVO can be used to identify potential reversal points in the market, as well as possible breakouts and trend continuation signals.
Reviews
There are no reviews yet.