The ADX trend MTF indicator draws accurate buy and sell signals on any currency chart.
Signals are based on the ADX and Heiken Ashi technical indicators.
It’s trend following in nature and works well in trending markets.
The indicator displays the ADX MTF trend in a separate MT4 window while also drawing the buy and sell signals in the main MT4 chart.
Extreme ADX values fluctuate between 0.1094 and -0.1094.
Buy and sell signals go as follows:
- A green arrow represents a buy signal.
- An orange arrow represents a sell signal.
Feel free to experiment with the different indicator’s inputs settings to suit your needs and preferences.
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Download the “adx trend (mtf + arrows + alerts).ex4” MT4 indicator
Indicator Chart (EUR/USD H1)
The EUR/USD 1-Hour chart below displays the ADX trend MTF Buy/Sell Metatrader 4 forex indicator in action.
Basic Trading Signals
Signals from the ADX trend MTF Buy/Sell MT4 forex indicator are easy to interpret and goes as follows:
Buy Signal: Open a buy trade when the ADX trend MTF Buy/Sell indicator paints a green arrow on the chart.
Place a stop loss below support or use your own preferred SL method.
Sell Signal: Open a sell trade when the ADX trend MTF Buy/Sell indicator paints an orange arrow on the chart.
Place a stop loss above resistance or use your own preferred SL method.
ADX Trend MTF + Best Forex Scalping Indicator Forex Scalping Strategy
This MT4 scalping strategy works by combining the directional strength of the ADX Trend MTF indicator with the fast entry confirmation from the Best Forex Scalping Indicator.
The ADX Trend MTF provides a clear indication of trend direction, using a green arrow for buy trends and an orange arrow for sell trends.
The Best Forex Scalping Indicator provides precise entry timing, indicated by blue arrows for buy signals and red arrows for sell signals.
When combined, the strategy helps you trade only in the correct direction and enter at moments of strong momentum.
This system is designed for scalpers who want clean visual signals, simple rules, and consistent short-term setups.
It works best on M5 and M15 charts where intraday momentum is strong and market conditions change quickly.
The dual-confirmation approach also helps eliminate weak entries and keeps you aligned with the prevailing trend.
Buy Entry Rules
- The ADX Trend MTF prints a green arrow, confirming a bullish trend.
- The Best Forex Scalping Indicator prints a blue arrow, confirming a buy signal.
- Enter a buy position once both conditions appear on the same candle close.
- Place the stop loss several pips below the most recent swing low.
- To take profit, either target 10–25 pips or exit when the indicator changes from a blue arrow to a red arrow.
Sell Entry Rules
- The ADX Trend MTF prints an orange arrow, confirming a bearish trend.
- The Best Forex Scalping Indicator prints a red arrow, confirming a sell signal.
- Enter a sell position once both conditions appear on the same candle close.
- Place the stop loss several pips above the most recent swing high.
- To take profit, either target 10–25 pips or exit when the indicator changes from a red arrow to a blue arrow.
Advantages
- Clear directional filtering from the ADX Trend MTF trend arrows.
- Fast and accurate buy and sell signals for quick scalping opportunities.
- Simple rules suitable for beginners and experienced traders.
- Works well during strong intraday trends.
Drawbacks
- Trend changes can be frequent during slow or ranging periods.
- Pairs with high spreads may reduce the effectiveness of the method.
Case Study 1: CAD/CHF M5 Uptrend Scalping
On the CAD/CHF M5 chart during the European session, the ADX Trend MTF printed a green arrow showing that a bullish phase had started.
A few candles later, the Best Forex Scalping Indicator printed a blue arrow near the top of a strong bullish candle.
A long position was taken at 0.6542, with a stop loss placed just below 0.6532.
Price pushed upward in a steady wave, confirming strong momentum.
Instead of using a fixed pip target, the trade was held until the indicator later switched from a blue arrow to a red arrow.
This happened at 0.6561, securing a clean 19-pip scalp in the direction of the trend.
Case Study 2: AUD/CAD M15 Downtrend Scalping
On the AUD/CAD M15 chart, the market entered a clear downtrend after the Sydney open.
The ADX Trend MTF printed an orange arrow near 0.8915, confirming bearish direction.
A few candles later, the Best Forex Scalping Indicator showed a red arrow at 0.8898, which triggered a sell entry.
The stop loss was positioned above the previous swing high at 0.8922.
The price continued moving downward with strong momentum.
The take-profit exit was executed when the indicator later switched from a red arrow to a blue arrow, closing the trade at 0.8876 for a 22-pip profit, achieved smoothly within the trend structure.
Strategy Tips
- Use the ADX Trend MTF arrow as your directional filter; never trade against it.
- Only enter when both the trend arrow and the signal arrow point in the same direction.
- Consider using color-change exits for dynamic profits instead of fixed pip targets.
- Move the stop loss to breakeven once the price moves halfway toward your expected target.
Download Now
Download the “adx trend (mtf + arrows + alerts).ex4” Metatrader 4 indicator
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: chart window indicator
Customization options: Variable (time frame, ADX trend period, price to use?, alerts) Width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, Daily, Weekly, Monthly
Type: trend
