About the Super ADX Buy Sell Indicator
The Super ADX Buy Sell indicator for MT4 is a trend-following trading tool designed to identify strong bullish and bearish market conditions.
It is based on the Average Directional Index, a well-known indicator used to measure trend strength rather than direction alone.
This version transforms ADX data into a color-coded histogram that updates in real time.
By focusing on histogram color changes, traders can quickly recognize when momentum shifts from bearish to bullish or vice versa.
Traders often use it as a primary trend filter or combine it with price action and support and resistance for added confirmation.
Free Download
Download the “iADX_Advanced_Histo_v1.0.ex4” MT4 indicator
Key Features
- Displays trend direction using a dual-colored ADX histogram.
- Signals can be calculated using different price sources.
- Default settings suit scalping and short-term trading.
- Higher ADX values help filter weak trends on higher timeframes.
- Works on all MT4 symbols and currency pairs.
Indicator Chart
The Super ADX Buy Sell indicator chart shows a histogram plotted below the price action.
Blue histogram bars highlight bullish trend phases, while red bars reflect bearish momentum.
Guide to Trade with the Super ADX Buy Sell Indicator
Buy Rules
- Enter a buy trade when the Super ADX histogram changes from red to blue.
- Confirm that price is trading above recent support or a rising market structure.
- Avoid buy entries during low-volatility or sideways price movement.
Sell Rules
- Enter a sell trade when the Super ADX histogram changes from blue to red.
- Confirm that price is trading below resistance or showing bearish pressure.
- Avoid sell entries when the price is consolidating in a tight range.
Stop Loss
- Set the stop loss using a fixed pip distance based on the active timeframe.
- Use an ATR-based stop to adapt risk to current market volatility.
- Move the stop to break-even once price reaches a logical reaction level.
Take Profit
- Target a predefined risk-to-reward ratio of at least 1:2.
- Scale out partial profits when price shows slowing momentum.
- Close the trade manually if the histogram begins to weaken near key levels.
Super ADX + Supertrend MTF Forex Scalping Strategy
This scalping approach combines two fast and reliable indicators for short-term trading.
The Super ADX Buy/Sell MT4 Indicator provides quick momentum signals using a color-changing histogram, where blue bars indicate a potential buy and red bars indicate a potential sell.
The Supertrend MTF Forex Signal Indicator adds a stable trend filter with a green line for bullish conditions and a red line for bearish conditions.
By combining these indicators, the strategy aims to filter out noise and only take high-probability scalps when momentum and trend agree.
Because scalping requires speed and precision, it works best on M1 and M5 charts, when price movements are quicker and you can take advantage of smaller intra-session swings.
Buy Entry Rules
- The Supertrend MTF line must be green, indicating a bullish overall trend.
- The Super ADX histogram must turn blue, signaling a buy momentum spike.
- Enter a long (buy) position immediately when both conditions are met.
- Set stop loss just below the most recent swing low or below a few bars of support.
- Take profit at 8–15 pips on M1, or 15–25 pips on M5, depending on pair volatility.
Sell Entry Rules
- The Supertrend MTF line must be red, indicating a bearish trend.
- The Super ADX histogram must turn red, signaling sell momentum.
- Open a short (sell) position as soon as both signals align.
- Set stop loss just above the recent swing high or resistance area.
- Take profit at 8–15 pips on M1 or 15–25 pips on M5.
Advantages
- The trend-filter provided by Supertrend MTF reduces the risk of counter-trend scalps.
- Super ADX gives fast and clear entries using color-coded momentum.
- Scalping on M1 and M5 allows for many opportunities per day.
- Well-suited for pairs and Gold with good intraday volatility.
- Relatively simple rules for quick decision-making.
Drawbacks
- Super ADX may produce false spikes during choppy or low-liquidity periods.
- Supertrend MTF may lag slightly when the trend changes quickly.
- Requires a fast execution and low spread broker to make small targets worthwhile.
- Profit targets are modest; poor risk management can wipe out gains.
Example Case Study 1: EUR/GBP on M1
During the London session, EUR/GBP showed a burst of activity.
The Supertrend MTF had turned green earlier, signaling a bullish trend on higher timeframes.
On the M1 chart, the Super ADX histogram turned blue with a strong momentum bar.
A buy trade was entered at the close of that candle, with a stop loss placed under the previous swing low.
In just a few ticks, the price rallied and reached a 12-pip take profit target before retracing slightly.
Example Case Study 2: USD/CAD on M5
Later in the New York session, USD/CAD started to decline.
The Supertrend MTF line on the higher timeframe switched to red, confirming a downtrend.
On the M5 chart, the Super ADX histogram changed to red, indicating strong selling momentum.
A short position was opened with a stop loss just above a recent swing high.
Over the next few bars, the price dropped 20 pips and hit the take profit level.
The alignment of the trend and the ADX signal made for a clean scalp.
Strategy Tips
- Use highly liquid pairs such as EUR/GBP, USD/CAD, EUR/USD, or GBP/USD for the most reliable setups.
- Avoid trading when spreads are high or when liquidity is low, such as during Asian session quiet hours.
- Practice on a demo first to fine-tune your stop-loss distance and profit target based on your broker’s spreads and slippage.
- If the Super ADX histogram produces a signal but the Supertrend line has not confirmed trend direction, skip the trade.
- Consider using a small trailing stop once the trade moves in your favor to lock in profit without cutting off too early.
Download Now
Download the “iADX_Advanced_Histo_v1.0.ex4” Metatrader 4 indicator
FAQ
What makes the Super ADX indicator different from standard ADX?
The Super ADX indicator converts traditional ADX readings into a histogram format.
This allows traders to focus on momentum shifts rather than numerical values.
Can the indicator be used as a stand-alone system?
Yes, the Super ADX indicator can be traded on its own.
Many traders still add price action or support and resistance for confirmation.
Should the ADX value be adjusted?
Increasing the ADX value helps filter weaker trends.
This is especially useful on higher timeframes or slower market conditions.
Summary
The Super ADX Buy Sell MT4 indicator offers a practical way to follow trend strength using a simple histogram format.
It suits traders who prefer momentum-based decisions without overloading their charts.
Its flexibility across timeframes and currency pairs makes it suitable for different trading styles.
With careful parameter selection and consistent trade handling, the indicator integrates smoothly into a momentum-driven strategy.
