Now ADXm indicator is standard deviation Adaptive and Dynamic Zones too
MLADEN : The zones can be used in a classical levels way, and since dynamic zones are adapting the level,this indicator is a sort of double adaptive : main value is Adaptive as well as the levels are Adaptive
PS : Still the zero line is drawn in the indicator if grid is turned on - that zero line is not a part of this indicator - and was never intended to be - but since the new mt4 was made it is doing that way - to turn that fixed zero line off,turn the grid on chart off too (since that zero line is replaced by the dynamic zero line - the middle line)
- Dynamic zones ADXm stddev adaptive.mq4
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Use it only if it can benefit you. Leave it if you don't know how to use it optimally.