Adx Scaner

📊 ADX-Based Scanner – Detects strong and weak market trends.
Multi-Timeframe (MTF) – Works across all MT4 timeframes.
🎯 Trend Strength & Direction – Instantly see if the market is trending or ranging.
🟢🔴 Clear Visual Signals – Above 25 = strong trend, below 25 = weak trend.
💻 Free MT4 Tool – Simple, effective, and popular among Forex traders.a

The ADX Scaner Indicator is a free and popular Forex tool for the MT4 trading platform. Designed to measure trend strength and direction, it helps traders identify when a currency pair is in a strong trending phase or when the market is ranging.

Built on the Average Directional Index (ADX), this indicator provides a reliable way to assess market momentum. It plots multiple lines on the chart:

  • 📈 Main ADX Line – Measures overall trend strength.

  • 🟢 +DI Line – Confirms bullish direction.

  • 🔴 –DI Line – Confirms bearish direction.

✅ How It Works

  • When the ADX value is above 25, the market is in a strong trend.

  • When the ADX value is below 25, the market is weak or sideways.

  • If +DI is above –DI, the trend is bullish.

  • If –DI is above +DI, the trend is bearish.

✨ Features of ADX Scaner Indicator

  • 📊 Trend Strength Meter – Instantly know if a market is trending.

  • Multi-Timeframe Compatibility – Works on M1 to MN charts.

  • 🎨 Visual Trend Signals – Clear line display for quick decisions.

  • 🛠 Easy Installation – Lightweight and beginner-friendly.

  • 💡 Flexible Use – Suitable for scalping, intraday, and swing trading.

📌 Benefits of Using This Indicator

  • Avoid trading in choppy or sideways markets.

  • Confirm trend direction before entering a trade.

  • Improve entry and exit timing by following trend strength.

  • Use as a standalone tool or combine with other strategies for better results.

The ADX Scaner Indicator for MT4 is perfect for traders who want to trade with the trend while avoiding false breakouts and low-volatility periods.

Input Settings & Controls

  • nPips → Defines the pip distance or threshold used for alerts or calculations.

  • SendAlert → Option to enable or disable on-screen alert notifications.

  • SendEmail → Option to enable or disable email notifications.

  • Alert Minutes B4Close → Sets how many minutes before a candle/bar closes the alert should trigger.

  • Alert EveryNMinutes → Configures recurring alerts at a specified time interval (in minutes).

  • ATRmultiplier → Multiplier applied to the Average True Range (ATR) value, often used for setting stop-loss or take-profit levels.

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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