Re: ADX DMI Indicators for MT4

31
ADXm (vhf adaptive) floating zero 1_3

Here is one more version of Adaptive ADXm (with different coloring options-in order to make it easier to see when is there valued trend and when it is ranging.
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Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


Re: ADX DMI Indicators for MT4

34
ADXm (vhf adaptive) floating zero 1_6

Here is a version that allows to chose if floating levels are adaptive or not,if not,then there will be no ticks and you guys can have some thing close to fixed levels even when using floating levels,just use those long floating level period.
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Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


Re: ADX DMI Indicators for MT4

38
Even they look differently, this is adx trend - the metatrader 5 version
I decided to add adxvma as smoothing method to it (since adxvma is the source where it came from - adx trend is the first step in calculating adxvma) and to make it display a bit differently (no values bellow 0). Apart from that, the values are the same and if jurik double smoothing is added, they shall produce exactly the same results
 
PS: all default parameters at the example - adxvma used for smoothing
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