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
![](https://www.mt4collection.com/wp-content/uploads/2024/03/Adx-Bollinger-Wa-screenshot-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/03/Adx-Bollinger-Wa-screenshot-2-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/03/Adx-Bollinger-Wa-screenshot-4-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2024/03/Adx-Bollinger-Wa-screenshot-3-230x144.png)
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 - 24
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
Volume Profile
Unlock your forex trading potential with the Volume Profile Indicator. Identify key support and resistance zones, discover entry and exit opportunities, and customize settings to tailor your analysis. Benefit from its visual lines and bars for a comprehensive market profile. The indicator is free to use and works on any chart timeframe, making it accessible to all types of Forex traders.
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.
Tpo Range
The TPO Range Indicator is a useful and popular free Forex indicator for MT4. It helps traders identify the range of prices within a specified time frame and find the best entry and exit points for their trades. It is a great tool for technical analysis and can be used to identify potential trading opportunities.
Ticks Volume
The Ticks Volume Indicator is a popular and free Forex indicator for the MetaTrader 4 (MT4) trading platform. The indicator uses the total number of ticks for each bar and displays the information in a separate window. The indicator is highly configurable and can be used to analyze different timeframes and currency pairs. The indicator is free to download and easy to install in the MT4 platform.
VWAP Bands
Discover the power of the VWAP Bands indicator, which emphasizes volume in its calculation. Gain insights into support and resistance levels, fair value, and trading opportunities. Suitable for all traders, this versatile Metatrader Indicator allows customization across various time frames with adjustable settings for better trading.
Weis Volume
Discover Weis Wave Volume Indicator for MT4, a free tool by David Weis. Spot market openings & trends with wave-like volume patterns. There are no simple buy/sell signals but insights on demand & supply strength. The indicator is easy to use and is a great tool for any trader looking to gain insight into the market.
Reviews
There are no reviews yet.