Popular tags: Support, Resistance, Trend, Range, Fibonacci, Wave, Divergence, Multi time frames(MTF), Swing, Volume, Overbought, Oversold
Customization and Conversion for: MetaTrader(MT4, MT5), Thinkorswim, NinjaTrader, MultiCharts, Tradingview, Prorealtime, SierraChart, etc.
License renew price will be 20% off for the 2nd year and after.


ADX divergence indicator with alert for NinjaTrader 8.

ADX divergence indicator with alert for NinjaTrader 8.
ADX divergence indicator with alert for NinjaTrader 8.
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Please note that this purchase is a 1-Year license. About License renew.

Divergence is very common and useful in technical analysis. It indicates possible reversal signals when there are discrepancies between ADX and price movement.


The definition of divergence is when price and indicator move in different directions

for instance, when price is in uptrend and reaches a higher high where the indicator is in downtrend.


Features and inputs:

  1. Instant signal on current (last) bar, no repaint.
  2. Alert when a signal appears.
  3. Select different sound alert files.
  4. Enable to show lines between Highs and Lows.
  5. Please note: it doesn't work in Renko chart.
  6. Market Analyzer with alert. You can add new sound files to your NT8\sounds directory.
  7. Wait 1 bar: enable this new feature will display the signal 1 bar later in order to check the trend direction of both price and related indicator, otherwise, it will display the signal on current bar. We consider this feature as a 1 bar confirmation for divergence signals.
It will detect both regular and hidden divergence between price trend and indicator value.

There are two plots (bullish signal and bearish signal) that can be used from other Ninjatrader functions, such as Market Analyzer and strategy builder.
A hidden divergence is where price has a higher Low, but the indicator has a relative lower value.
Or if price has a lower High, but the indicator has a relative higher value.

There will be a 'H' drawn under a hidden divergence.

A 'R' drawn under a regular divergence.



The Average Directional Index (ADX) divergence indicator is a technical analysis tool to determine the strength of a trend in a financial market. It can also be used to identify potential trend reversals.
The ADX indicator is typically shown as a line on a separate window below the main chart. The ADX line will fluctuate between 0 and 100, with readings above 25 indicating a strong trend and below 20 indicating a weak trend.  A useful application of the ADX indicator is to confirm trend breakouts.

When a security's price breaks out above resistance or below support, it can indicate a change in trend. However, these breakouts can also be false, and traders should wait for confirmation before taking action. By using the ADX indicator, traders can confirm that a breakout is indeed a valid trend change by looking for an increase in the ADX reading above 25.  Traders should also pay attention to the trend of the ADX line itself. If the ADX line is trending upward, it can indicate that a trend is gaining strength, while if the ADX line is trending downward, it can indicate that a trend is losing strength. Traders can use this information to adjust their trading strategy accordingly.

After studying the ADX line, the main action is to look for the divergence between the ADX line and the price action of the financial market you are analyzing. Divergence occurs when the ADX line is moving in the opposite direction of the price. For example, if the price of a security is making new highs, but the ADX line is failing to make new highs, this could indicate that the trend is losing momentum, and a potential reversal could be coming. Traders can use this bearish divergence as a single to either enter a short position or exit a long position.  On the contrary, if the price of a security is making new lows, but the ADX line is failing to make new lows, this could indicate that the trend is still strong and a reversal is not likely.
It's also important to note that the ADX indicator is a lagging indicator, meaning it will only confirm a trend change after it has occurred. Therefore, it's best to use the ADX indicator in conjunction with leading indicators, such as moving averages or TPR, to get a more complete picture of the market.

In conclusion, the ADX divergence indicator can be a valuable tool for analyzing financial markets and identifying potential trend changes. By identifying trend strength, confirming trend breakouts, paying attention to the trend of the ADX line itself and looking for divergence between the ADX line and the price action, traders can gain valuable insight into the strength and direction of a trend. However, using this indicator in conjunction with other technical analysis tools and techniques is important for a more complete market analysis.


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