Master the trend with Moving Average Crossovers and ADX. The actual source of who said that is how to use adx indicator in forex but the statement remains to be the Holy Grail of the most successful traders.
The Smart Display can now be switched ON and OFF in the indicator’s settings. Recognize strong trends and capture bigger market moves. This video is almost 3 minutes long and shows 45 minutes of real time trading. It was recorded on EURUSD M1 chart for illustration purposes. Trading H1, H4, D1 is recommended. The MT4 Trend Indicator will help you to see trends formed by moving averages and their crossovers. Using ten indicators at once is often confusing and counter-productive.
Following trends is where the big money is in Forex but trading them is a real challenge for most traders. This is where the MT4 trend indicator will come in handy. The Smart Display will also give you immediate insights into current trends and candle direction on upper time frames. Thus making the following of major trends even easier. The UP and DOWN signals will notify you of each new trading setup as defined in the indicator’s settings. Once the trend indicator is installed and running you will be able to receive free trading alerts continuously without any monthly fees.