Indicator Average Directional Movement Index

We present to your attention the Average Directional Movement Index indicator which task is to show force and the direction of a trend. It is placed in the section Indicators - Trend

It looks as following:

Settings of the indicator:

It is possible to change the PERIOD parameter - it is the number of bars which will take part in calculation of indications of the indicator. It is also possible to adjust color and thickness of lines of the indicator, for better visual perception.

It is better to trade on this indicator as following. We buy when the main blue line of the indicator goes up and the green line crosses the red line from below up. To sell it is necessary that the blue line went down, and green crossed the red line from top to down, as shown at the pic below.

ADX indicator is better to use together with oscillators to reduce the number of unprofitable transactions. This assistant will be perfect as to beginners and also to experienced traders. We wish you high profit.

This indicator can be discussed at forum by the link  http://forum.mobius-soft.org/showthread.php?t=53