MT4 Signal Indicator X2

Created on Saturday, November 11, 2023 10:55 AM
This indicator can be used as a signal provider for the Foxzard Trader Expert Advisor.
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Buy Conditions

Sell Conditions

Condition 7

Average Directional Movement Index (ADX) PLUSDI 1 Weighted (high+low+close+close)/4 Simple
is above
Average Directional Movement Index (ADX) PLUSDI 1 Open Simple

Condition 12

Moving Average 2 Simple Close
is above
Moving Average 3 Simple Close

Condition 8

Average Directional Movement Index (ADX) MINUSDI 1 Weighted (high+low+close+close)/4 Simple
is above
Average Directional Movement Index (ADX) MINUSDI 1 Open Simple

Condition 2

Moving Average 2 Simple Close
is below
Moving Average 3 Simple Close

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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.

Also you can use this indicator as a base to create your own. Click to create your own indicator from this one.