Displaying Higher-Timeframe ADX Crossing Signals on a Chart

Summary

This indicator presents signals from an ADXCrossing calculation on a chart, using a selected financial instrument and timeframe. It distinguishes a continuing trend from a trend change: continuation appears as a horizontal arrow, while a change uses a diagonal arrow whose direction and color indicate the trade direction. The tool can also issue alerts and play audio signals.

Its inputs cover the underlying indicator calculation, visual presentation, and alert behavior. Users can choose the calculation timeframe and ADX period, select which bar to display, and adjust colors, labels, size, and chart placement. A distinct label prefix is needed when multiple copies appear on the same chart. The description explains display and configuration behavior, but gives no performance results, entry or exit rules, or validation of signal quality; it also depends on a separate compiled ADXCrossing indicator.

Key ideas

• The indicator renders ADXCrossing direction and trend changes as colored chart arrows.
• A horizontal arrow denotes continuation, while a diagonal arrow marks a change in direction.
• Calculation timeframe and ADX period are configurable independently of display and alert settings.
• Multiple instances on one chart need distinct label prefixes.
• The description explains signal presentation but does not establish predictive performance or a complete trading strategy.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.