ADX (Reforce) Forex Meta Data 4 Indicator

The ADX (Reforce) Forex Meta Data 4 Indicator is a powerful tool that helps traders analyze market trends and make informed trading decisions. This indicator is specifically designed to measure the strength of a trend and identify potential entry and exit points in the market.

With the ADX (Reforce) Indicator, traders can easily determine whether the market is trending or ranging. The indicator consists of three lines: the ADX line, the +DI line, and the -DI line. The ADX line represents the strength of the trend, while the +DI and -DI lines represent the bullish and bearish forces in the market.

Traders can use the ADX (Reforce) Indicator to identify when a trend is gaining strength or losing momentum. When the ADX line is rising, it indicates that the trend is getting stronger. Conversely, when the ADX line is falling, it suggests that the trend is losing momentum. This information can help traders determine whether to enter or exit a trade.

The ADX (Reforce) Indicator also provides valuable information about potential trend reversals. When the +DI line crosses above the -DI line, it signals a bullish trend reversal. On the other hand, when the -DI line crosses above the +DI line, it indicates a bearish trend reversal. Traders can use these signals to adjust their trading strategies accordingly.

Overall, the ADX (Reforce) Forex Meta Data 4 Indicator is a reliable tool for traders who want to analyze market trends and make informed trading decisions. Whether you are a beginner or an experienced trader, this indicator can help you enhance your trading strategies and improve your profitability.

Inputs

History : 0
ReForcePeriod : 5
ReForceMode : Linear weighted
ReForcePrice : Close price
ADXPeriod : 15
TrendPeriod :15
Coef Trend : 1.0
ADXMode : Exponential
TrendMode : Exponential
TrendLevel : 18
ShowDI : true
Show Trend : true
DeltaDI : true