ADX channel indicator

ADX Channel MT4 indicator

ADX Channel MT4 indicator shows an envelope. You want to enter buy and sell positions when the price action touches the indicator line.

tag: ADX

Category: MT4 Indicators

Platform: Metatrader 4

Download link: At the end of the post.


ADX Channel MT4 indicator displays and informs the trader of a price reversal at the boundaries of this channel. You want to enter buy and sell positions when the price action touches the indicator line.

The channel drawn by this indicator turns out to be a bit like Envelopes or Bollinger, and its lines depend on the market volatility. A sell transaction is usually carried out when the price touches and bounces from the upper line of the channel, and a buy – from the lower one (in this version of the indicator, there is the possibility of alerts when such a signal appears). It is recommended to trade at a time when there is no important news, when the market is more calm. For automatic trading on the ADX channel, you can use the Expert Advisor:

It is recommended to use this indicator on timeframes: from m1 to m30.

ADX Channel MT4 indicator can be used alone or in combination with other indicators to form a trading system.


ADX channel indicator

Default setting

ADX channel mt4 indicator

Download ADX Channel MT4 indicator

Download Here

How To Install Custom MT4 Indicators On Mt4 (6 Simple Steps)

Step 1: Download The Indicator To Your Computer. Unzip (if any) to get .mq4 and/or .ex4 file

Step 2: Go To Your Mt4 Trading Platform And Click “Open Data Folder”

Step 3: Click open the “MQL4” folder

Step 4: Click Open the “Indicators” Folder

Step 5: Paste The Custom MT4 Indicator Into The “Indicators” Folder

Step 6: Close Your MT4 Trading Platform And Then Restart It

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