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Smart ADX Scanner - The Ultimate Trend Trading Assistant
Master the trend with precision. The Smart ADX Scanner is not just another indicator; it is a complete trading system. It combines the power of the Directional Movement System (ADX) with a Multi-Timeframe (MTF) Dashboard to filter noise and pinpoint high-probability entries.
π Key Features
- Multi-Timeframe Dashboard: Instantly see the trend direction (Bull/Bear) and ADX strength across M15, H1, H4, and Daily timeframes directly on your chart.
- Smart Signal Arrows: Clear Up/Down arrows appear only when the ADX confirms strong momentum, filtering out choppy markets.
- Exit Targets (π―): Unique exit signals help you lock in profits when the trend momentum begins to fade.
- Divergence Detection: Automatically draws divergence lines on the chart to warn you of potential reversals.
- Fully Customizable: Works on Dark and Light themes. You can even change the exit icon to any symbol you like (π―, π‘οΈ, π°, π).
π How to Trade (Tutorial)
1. The Entry (Signal Arrows)
Wait for a clear trend confirmation.
- BUY Signal: Look for a Green Up Arrow.
- Confirmation: The Histogram should be Green (Bull Strong) or Lime (Bull Weak).
- Pro Tip: Check the Dashboard. If H1 and H4 are also BULLISH, the signal is much stronger.
- SELL Signal: Look for a Red Down Arrow.
- Confirmation: The Histogram should be Maroon (Bear Strong) or Red (Bear Weak).
2. The Exit (The Target π―)
Don't let winning trades turn into losers.
- The indicator plots a Target Icon (π―) (or your custom symbol) when the ADX momentum stops growing and the price creates a reversal structure.
- Strategy: Use this symbol as a signal to Take Profit, tighten your Stop Loss, or close part of your position.
3. Divergence (Advanced)
- Bullish Divergence (Blue Line): Price makes a lower low, but the indicator makes a higher low. This suggests a potential reversal to the upside.
- Bearish Divergence (Orange Line): Price makes a higher high, but the indicator makes a lower high. Be careful with Buy positions here.
βοΈ Settings & Customization
The Smart ADX is designed to fit your style.
- Exit Symbol (Text): Don't like the Target π―? Paste any emoji into this setting! Try a Shield π‘οΈ for protection, a Stop Sign π, or a Skull π.
- Theme Colors: You can now change the Dashboard Background and Text colors to fit White or Light charts perfectly.
- MTF Filter: Turn this ON if you only want signals that agree with the higher timeframe (e.g., only trade H1 signals if H4 is trending).
- Alerts: Enable Sound alerts so you never miss a move.
β οΈ Disclaimer
Trading Forex and CFDs involves a significant risk of loss and is not suitable for all investors. The Smart ADX Scanner is a technical analysis tool designed to assist in making trading decisions, but it does not guarantee profits. Past performance is not indicative of future results. Please ensure you fully understand the risks involved and trade responsibly. Always test new indicators on a demo account before trading with real capital.
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