ADXVMA – indicator for MetaTrader 5

  • Platform: Metatrader5
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • ADXVMA — a special kind of moving average. It is using a sort of ADX values for determining the weights of average calculation which makes it unique in the world of averages.

    It tends to have extended periods of “flat” phases which makes it one of the few averages that can detect flat phases in the market, but it also can easily be used as a sort of support/resitance indicator too.

    It is using the usual extended set of 20 price types.

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  • How to install MT5 indicator?
  • 1. On the desktop, double-click to open the MT45 trading platform software you installed.
  • 2. Click on “File” in the upper left corner – “Open Data Folder”, double-click the MQL5 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT5, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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