The ADMI indicator for Metatrader 4 is a trend-following buy/sell forex trading indicator that works.
It’s based on the popular ADMI technical trading indicator.
Interpret the ADMI signals as follows:
- A GreenYellow ADMI arrow represents a buy trade signal.
- An IndianRed ADMI arrow represents a sell trade signal.
Use this forex indicator for scalping and day trading currency pairs on any price chart.
Play with the different input parameters to improve its buy/sell signal performance.
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ADMI Forex Trading Signals Indicator Chart
Here’s an example of how the indicator should look like when loaded onto the Metatrader 4 chart.
You can apply the indicator to any currency pair and time frame of your preference.
Finding Buy and Sell Triggers With ADMI Forex Trading Signals Technical Analysis Chart Indicator
Below is an example of how to buy and sell currency pairs with this Forex indicator:
Buy Trigger: Open a new buy trade when the ADMI Forex Signals indicator draws a GreenYellow colored arrow on the MT4 chart.
Place a stop loss below immediate support, or use your own stop loss strategy.
Aim for reward/risk 1.5:1 ratio or better, or close the trade for a fixed profit target, for example 40 pips on the 30-minute chart.
Sell Trigger: Open a new sell trade when the ADMI Forex Signals indicator draws an IndianRed colored arrow on the MT4 chart
Place a stop loss above immediate resistance, or use your own stop loss strategy.
Aim for reward/risk 1.5:1 ratio or better, or close the trade for a fixed profit target, for example 60 pips on the 1-hour trading chart.
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ADMI input levels, alerts, colors, width, style.
The indicator can be used as a stand-alone signals indicator.
It can also be combined with:
- Trading oscillators (MACD, Stochastic, RSI,…)
- Trend indicators (Moving Average, Bollinger Bands, ADMI,…)
- Price action methods and techniques
More Info About This Indicator
Tradable Currency pairs: Any
Trading Platform: MT4
Time frames: M1, M5, M15, M30, H1, H4, D1, W1
Indicator Type: trend
Copy and paste the indicator in the MT4 indicators data folder.
Then restart the MT4 terminal and attach it to any chart.