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Dx Trade Info

Do you trade in confluence with multiple forex technical indicators? Dx Trade Info MT4 Indicator provides info on price, spread, ADX, ATR, TRIX and Momentum values. Best tool for forex technical traders.

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Description

The Dx Trade Info MT4 indicator shows values of multiple indicators and price information of any forex pair. It plots values of ADX, ATR, Trix, and Momentum on the price chart. Additionally, it shows the current price and the spread enabling traders to have the above information at a glance.

Features of Dx Trade Info MT4 Indicator

The indicator plots the name of the currency pair, its price and spread on the top. The second set shows the ATR- Average True Range values of 5 periods and 20 periods. In addition to the ATR values it shows if the ATR is low or high.

Furthermore, the Trix direction of M15 and M60 are shown with UP or DOWN values based on uptrend or downtrend. Finally, the last row shows the value of a 4 period Momentum.

In fact, the above group of technical indicators contains a mix of trend direction, trend strength, volatility and momentum indicator.

Benefits of Dx Trade Info MT4 Indicator

The ATR values help forex technical traders to identify the price volatility. Furthermore, the momentum indicator shows if the current price movement has enough strength. The TRIX values provide a lower time frame and higher time frame trend direction.

Using the combination of above information traders can easily identify the current market situation and prepare bullish or bearish trading strategies accordingly.

The spread information helps economic news release traders or fundamental traders to identify any widening of spread during these occasions. As a result, this indicator is beneficial for all types of forex traders.

Indicator Settings Description

ATRPeriod:, ATRPeriod2: Period for ATR calculation.

ADXPeriod:, ADXAlertLevel: ADX period and alert settings.

TrixMTF: Time frame for TRIX calculation.

MOM_Period: Period for momentum indicator.

Change_Colors: Enables color change.

FontColor:, FontUp:, FontDown:, BoxColor: Font and color settings.

WhatCorner: Location of indicator output on chart.

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How to Install

How install MT4/5 indicator in the terminal?

To install an MT4/5 indicator in the terminal, follow these steps:

  1. Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.

  2. Open the MT4/5 terminal and click on “File” in the top left corner.

  3. Select “Open Data Folder” from the dropdown menu.

  4. In the window that opens, double-click on the “MQL4/5” folder.

  5. Double-click on the “Indicators” folder.

  6. Drag and drop the indicator file from your computer into the “Indicators” folder.

  7. Close the data folder window and restart the MT4/5 terminal.

  8. The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.

Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.

And if asks to confirm DLL?

If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.

DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.

If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.

It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.

 

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