Installing ADX indicator on NetTradeX Platform

  1. By the command “Indicators” (From the context menu or with the help of the button situated on main mage) user can open dialogue window called “Indicators”, which consists of two parts; “Available Indicators” and “Set indicators”.

    First, left part of the window contains the list of indicators. Second, right part of the window contains the list of chosen indicators in a form of a “tree” stating the name of the financial tool on the top of hierarchical indicator list. User can easily find the “ADX” indicator and select it with one click.

  2. Clicking on “Set” Button (on the “Indicators” window), indicator dialogue settings opens name as “ADX Properties”. This consists of two types of tabs; “Data” and “View”.

  3. After indicator settings is set user must click on “OK” button to set the indicator on the chart window.

  4. Average Directional Index (ADX) is a technical indicator developed by Welles Wilder to estimate trend strength and determine probable further price movements by comparing the difference between two consecutive lows with the difference between the highs.