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.

ADX Indicator is a Leading Forex Indicator and is used by traders to determine if there is a trend on the trading chart, ADX Indicator Values above 20 indicate a strongly trending market and this is is used by traders to determine when to open a trade - when ADX indicator values are above 20. ADX is also used by traders to determine when to close trades - if ADX indicator values go below 20 - this is used as an exit signal because it indicates the current trend is losing momentum.

Place Average Directional Movement Index, ADX Indicator - How to Place ADX Indicator on Trading Chart in MetaTrader 4

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)

How Do I Place Average Directional Movement Index, ADX Indicator in MetaTrader 4 Charts?

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.

Average Directional Movement Index, ADX Indicator on MetaTrader 4 Indicator List

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:

How Do I Place ADX Indicator in MetaTrader 4 Charts? - Place ADX Indicator on Trading Chart on MetaTrader 4

Step 2: Double click ADX Button, & click okay to insert the indicator on forex chart as shown & illustrated below:

How to Trade with ADX Indicator on MetaTrader 4 - How to Place ADX Indicator on Forex Chart on MT4

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.

Edit Average Directional Movement Index, ADX Indicator Settings on MT4

The following popup appears & ADX settings can be edited from this popup window.

Edit Properties Window for Editing Accumulation ADX Indicator Settings