ADX Trigger AM

The indicator determines entry points and uses crossing of ADX +/- lines and growth or fall of the main ADX line. When the indicator crosses the zero line, the trend is changed.

• If the oscillator's value is 1 - the price grows, the trend remains;
• If the oscillator's value is 0.5 - the price grows, the trend is absent;
• If the oscillator's value is -1 - the price falls, the trend remains;
• If the oscillator's value is -0.5 - the price falls, the trend is absent;

The best entry moment is crossing the High/Low of the bar where the indicator has crosses 0.

Settings:

• ADX_Period - ADX period
• ADX_Price - price used to calculate ADX (from 0 to 6)