Bollinger Bands or Bollinger Bands (BB) is a channel indicator that has a serious drawback. It
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The ADX indicator is used to find out the pattern and its energy. The route of the value is proven by the values DI and -DI, and the worth of ADX reveals the energy of the pattern. If DI is above -DI, then there may be an uptrend out there, if quite the opposite, then a downtrend. If the ADX is beneath 20, then there is no such thing as a particular motion out there. As quickly because the indicator breaks by this degree, a mean pattern begins. Values above 40 point out the presence of a robust pattern, whether or not descending or ascending.
Multi-currency and multi-time body indicator ADX (Common Directional Motion Index). Within the parameters, you may specify any desired currencies and timeframes. The indicator also can ship notifications when the pattern energy ranges intersect, and when the DI and -DI traces intersect. By clicking on the cell with the interval, this image and interval will probably be opened.
Contents
Parameters
ADX Interval — averaging interval;
ADX Utilized Worth — the value used;
Clear the chart at startup — clear the chart at startup;
Set of Pairs — a set of characters
— Market Watch — pairs from the “Market Overview” window;
— Specified manually — the pairs specified manually within the “Pairs” parameters;
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— Present pair — present solely the present pair.
Pairs (separated by an area or semicolon) — a listing of characters separated by an area or semicolon. Forex names must be written precisely the identical because the dealer’s, maintaining the case and prefix suffix;
Time Frames (separated by an area or semicolon) — a listing of timeframes separated by an area or semicolon;
Kind pairs — sorting the record of characters;
Place on chart — the angle of the panel on the chart;
X offset (pix) — transfer the panel alongside the X axis;
Y offset (pix) — transfer the panel alongside the Y axis;
Permit to maneuver the desk manually — permit transferring the desk with the mouse;
Refresh dashboard each (seconds) — the refresh interval of all symbols and timeframes;
Refresh cells solely on new bar — the cell (and alerts) will probably be up to date solely when a brand new bar seems;
Open the pair in a brand new window — open a brand new window for the chart by clicking;
Chart template — the identify of the template for the chart, if the chart opens in a brand new window.
Coloration settings
Coloration Up Robust pattern — cell coloration if there’s a sturdy pattern;
Coloration Up Center pattern — the colour of the cell, if the typical pattern;
Coloration Up Trendless — the colour of the cell if there is no such thing as a pattern;
Coloration Down Robust pattern — cell coloration if there’s a sturdy pattern;
Coloration Down Center pattern — the colour of the cell, if the typical pattern;
Coloration Down Trendless — the colour of the cell if there is no such thing as a pattern;
Transparency (0-255) — panel transparency;
Font identify — font identify;
Font dimension ADX — font dimension;
Font dimension DI (0-off) — font dimension;
Alerts
Timeframes for alerts (separated by an area or semicolon) — a listing of durations for which an alert will probably be despatched (separated by an area or semicolon).
Robust pattern >= — sturdy pattern degree;
Center pattern >= — the extent of the typical pattern;
Verify alerts solely on bar closing — verify the intersection of ranges solely after the bar closes;
Robust pattern degree is crossed Up — alert when ADX crosses the extent of a robust upward pattern;
Robust pattern degree is crossed Down — alert when ADX crosses the extent of a robust down pattern;
Center pattern degree is crossed Up — alert when the extent of the typical pattern is crossed up;
Center pattern degree is crossed Down — alert when the extent of the typical pattern is crossed down;
DI line crosses the DI- line Up — alert when DI crosses DI- up;
DI line crosses the DI- line Down — alert when DI crosses DI- down;
All timeframes in the identical route — alert when all cells present the identical route;
Pop up alert — pop-up alert;
Push notifications — push notification;
E-mail notifications — electronic mail notification;
Sound alert — sound alert solely.
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05 September 2021
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