ADX/MACD Confluence
Hello, made this version.
What is the ADX/MACD Confluence indicator?
This technical indicator is designed to generate BUY and SELL signals based on the confluence (confirmation) of both the ADX and MACD indicators.
Combining the elements of the ADX which measures "Trend Strength" and the MACD which measures "Momentum" and the validity of a trend, this indicator provides signals on-chart without the need for having the ADX or the MACD in the bottom indicator subwindows.
This indicator integrates trend strength (ADX) and momentum (MACD) to pinpoint significant directional movements. It:
- Eliminates noise by ensuring both indicators are in agreement.
- Clearly highlights confluences on the chart.
- Can serve as entry signals, strategy filters, or for visual trend validation.
