ADMIR - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Oscillator ADMIR (Average Directional Movement Index Rating) displays the ratio of the calculated ADX lines of the average directional movement index of two indicators whose periods differ by a specified value.
It has three input parameters:
ADMIR = (ADX1 + ADX2) / 2
Where:
ADX1 - average directional movement index с периодом period ADX2 - average directional movement index с периодом period + difference
Attachment download
📎 admir.mq5 (8.63 KB)
Source: MQL5 #20910
ADMIR - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
ADMIR - 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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