Place Average Directional Movement Index, ADX Indicator on Chart
This Tutorial will explain how to place the Average Directional Movement Index, ADX indicator on Forex charts on the MetaTrader 4 Platform. For Technical analysis: ADX Technical Analysis.
How to Place Technical Indicators in MT4 Charts
Step 1: Open Navigator Window on Forex Trading Platform
Open Navigator window as shown & illustrated below: Go to "View" menu (click on it), then select "Navigator" window (click), or From Standard Tool Bar click the "Navigator" button or press keyboard short cut keys "Ctrl+N"
On Navigator window, select 'Technical Indicators', (DoubleClick)
Step 2: Expand the FX Indicators Menu on the Navigator
Expand the indicator menu by clicking the expand button marker (+) or double-click the "indicators" menu, after that, this button key will then now appear as (-) & will now show as a list as shown below.
From the Above window you can then place any technical indicator you want on the forex chart.
Placing Average Directional Movement on a Chart
Step 1: Select the Average Directional Movement Index button on the MetaTrader 4 list of technical indicators as shown below:
Step 2: Double click ADX Button, & click okay to insert the indicator on forex chart as shown & illustrated below:
Edit ADX FX Trading Indicator Setting
To Change Settings, right click in ADX, choose properties and then edit properties of trading indicator using pop-up menu that pops and click ok button after you've changed settings.
The following popup appears & ADX settings can be edited from this popup window.