MT4 Signal Indicator Test 1

Created on Thursday, August 8, 2024 1:07 AM
RSI, ADX, SMA Combine.
This indicator can be used as a signal provider for the Foxzard Trader Expert Advisor.
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Buy Conditions

Sell Conditions

Strong Direction

Average Directional Movement Index (ADX) PLUSDI 14 Close Simple
is above
Average Directional Movement Index (ADX) MINUSDI 14 Close Simple

Entry Buy

Relative Strength Index (RSI) 25 Low
points Down

Strong Buy

Moving Average 5 Simple Close
crosses
Moving Average 10 Simple Close
from top to bottom

Weak Direction

Average Directional Movement Index (ADX) PLUSDI 14 Close Simple
is below
Average Directional Movement Index (ADX) MINUSDI 14 Close Simple

Entry Sell

Relative Strength Index (RSI) 75 High
points Up

Strong Sell

Moving Average 5 Simple Close
crosses
Moving Average 10 Simple Close
from bottom to top

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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!

This indicator was created by one of our visitors. You can create your own indicator like this one using your rules and logic.

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