Steps to Add and Interpret the Average Directional Movement Index (ADX) Indicator

This guide walks you through adding the Average Directional Movement Index (ADX) indicator to your MT4 charts. We'll use it for ADX technical analysis.

Best Indicator Combination ADX Indicator

How to Place Indicators in MetaTrader 4 Charts

Step 1: Open The Platform/Software Navigator Window

Open Navigator window as shown & shown - Navigate & go to 'View' menu (then click on it) & then choose 'Navigator' panel (click), or From the Standard Tool-Bar click 'Navigator' button or press short-cut key-board keys 'Ctrl+N'

In the Navigator panel, pick Indicators with a double click.

Gold Trade ADX Indicator Analysis

Step 2: Expand Indicators Menu in the Navigator

To see more technical indicator options, click the plus (+) sign or double-click the 'indicators' menu. After that, the button will change to a minus (-) sign, and you'll see a list like the one shown below.

How to Add ADX Indicator in Chart on Software

From the window above, you as a gold trader can then add any trading tool that you as a trader want onto the trading chart.

Setting and Placing Average Directional Movement on Chart

Step 1: Select/Choose the Average Directional Movement Index button on the MT4 list of indicators like is shown below:

Place ADX Indicator on Chart in Trade Platform

Step 2: Execute a double-click on the ADX control, then confirm by clicking "ok" to superimpose the indicator onto your trading chart, as depicted and shown hereafter:

Add ADX Indicator to MT4 Charts - Beginner Guide to MT4 ADX Tool

Edit ADX Indicator Settings

To change settings, right-click the ADX. Pick properties. Edit options in the menu that pops up. Hit OK after updates.

Explanation of the ADX Indicator in MetaTrader 4 - Analysis of ADX as a Technical Indicator

The following window panel pops up, allowing for the alteration and editing of the ADX indicator's settings via this dialog box.

Modify Properties Panel Window for Adjusting Accumulation ADX Indicator Settings

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