iTrend ADXVMA - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Very famous trend indicator but uses ADXVMA for calculation.
Due to the ADXVMA properties, it tends to have "flat" periods during ranging, which makes it less sensitive to error changes, and combined with iTrend calculations, it seems to be a useful combination.
Attachment download
📎 itrend_adxvma.mq5 (14.75 KB)
Source: MQL5 #21836
iTrend ADXVMA - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
iTrend ADXVMA - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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