ADX Filter Sbar

📊 ADX-Based Trend Strength – Measures market momentum and trend direction.
Multi-Timeframe (MTF) – Displays higher timeframe ADX signals on your current chart.
🔴🟢 Color-Coded Bars – Green = strong uptrend, Red = strong downtrend.
Accurate Entry & Exit – Identify trend strength before making trading decisions.
💻 Free MT4 Tool – Lightweight, simple to install, and beginner-friendly.

The ADX Filter SBar MTF Indicator is a free and popular Forex tool for the MT4 platform that helps traders identify trend direction and strength across multiple timeframes.

Built on the Average Directional Index (ADX), this indicator simplifies complex market analysis by displaying color-coded bars that reflect trend momentum:

  • 🟢 Green Bar → Strong Uptrend

  • 🔴 Red Bar → Strong Downtrend

By combining ADX, Moving Averages, and RSI, this indicator gives traders a clearer picture of the current market condition, allowing them to anticipate price movement more effectively.

✨ Features of ADX Filter SBar MTF Indicator

  • 📊 Multi-Timeframe Analysis – Monitor higher timeframe trend strength on your current chart.

  • 🎨 Color-Coded Signals – Instantly recognize uptrends and downtrends.

  • Accurate Trend Detection – Combines ADX with MA & RSI filters for better reliability.

  • 🎯 Entry & Exit Points – Helps traders find the best opportunities with minimal noise.

  • 🛠 Easy-to-Use – Plug-and-play installation with customizable parameters.

📌 Benefits of Using This Indicator

  • Gain a clear overview of market momentum at a glance.

  • Avoid false signals by using higher timeframe confirmation.

  • Improve entry timing by entering only when trend strength is confirmed.

  • Combine with other indicators for a powerful trading system.

The ADX Filter SBar MTF Indicator is a versatile tool for traders who want to trade with the trend while filtering out weak or sideways markets. Perfect for intraday and swing traders looking to improve their accuracy.

Input Settings & Controls

  • Time Frame → Defines the chart timeframe to be used for calculations (e.g., M15, H1, D1).

  • ADX_Period → Number of periods used in calculating the Average Directional Index (ADX).

  • ADX_Level → Threshold level of ADX for identifying trend strength.

  • DI_Period → Period length for the Directional Indicator (DI) calculation.

  • applied_price → The type of price used in calculations (e.g., Close, Open, High/Low, Median).

  • s BarLevel → Setting related to bar-level display or calculation reference.

  • _ADXstyle Line, pADXstyleLine, nADXstyle Line → Style settings for different ADX lines (main ADX, positive DI, negative DI).

  • MaxBars ToCount → Maximum number of bars (candles) used for indicator calculations.

  • note_sBarLevel → Comment or note related to the BarLevel parameter.

  • note_ADXstyle → Comment or note describing ADX line styles.

  • note_Time Frames → Comment or note describing available timeframes.

Devices Supported

Device Type Operating System Compatibility with TradingView
💻 Windows Laptop/Desktop Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11 ✅ Fully supported via app
🍏 MacBook / iMac macOS 10.15+ ✅ Fully supported via app
📱 Android / Mobile Android OS ❌ Not supported

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⚠️ Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.

✅ Always remember🧠 my 3R Rule💡: If the money💰 is yours then, risk⚖️, reward🏆 and regret😔 are solely yours. 🔥

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