XADX – indicator MetaTrader 5

ColorXADX and XADX indicators
In order to determine a trend stability J. Welles Wilder developed Average Directional Index (ADX). ADX allows to analyze market trends and make trading decisions, including FOREX market. However, the look of this indicator leaves a lot to be desired – it is not visually convenient. To improve that ColorXADX.mq5 indicator code has been created,