Advance Decline Line (ADL)

Trading with ADL involves the following signals:

ADL is rising and so does the price — uptrend is healthy.
ADL is falling and so does the price — downtrend is healthy.
Divergence between ADL and price - changes/pauses in the trend should be expected.

Advance Decline Line indicator


Advance Decline Line indicator is used in Forex to identify and confirm strength of a trend, as well as its chances for reversing. ADL indicator in Forex provides a comparison between the number of market advancing and declining moments for a given period of time.

Advance Decline Line Formula


ADL = (N of Advancing Issues — N of Declining Issues) + Previous Period's ADL Value

Advance Decline Line chart example


Advance Decline Line in Forex

The Advance Decline Line is found by measuring the difference between advancing and declining issues for each day. This value (+ or - ) is added to the previous ADL value.

How to trade with Advance Decline Line


In general, if the market is trading upwards and Advance Decline Line is sloping down (divergence), it suggests that a current trend is losing its strength and may soon reverse. If the market is trending upwards and so does Advanced Decline Line, the situation is stable and the current trend is said to be strong.

A divergence that can be seen between price and indicator line is only a warning of possible changes settling. A divergence factor for ADL indicator may last for a long period of time, therefore ADL indicator cannot be used as a timing indicator.

Daily ADL is usually used to determine strength and length of short term intra day trends in Forex, while weekly ADL is found to be more useful for trend comparisons over several years.

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Comments

  • David

Hi! This site is great! Where can I download this indicator?
Thanks!
David

  • FxIndicators

This indicator was found while testing Accucharts platform from FX Solutions. For MT4 you'd probably need to code one. We weren't able to find ADL for MT4, unfortunately.

  • trader

Please i would want to know how i can adjust the FRACTAL indicator?

  • FxIndicators

Native MT4 Fractal indicator comes without settings parameters.

  • trader

Please put me through on the uses of the following; MACD, FRACTALS, PARABOLIC SAR, BOLLINGO BANDS, RELATIVE STRENGHT INDEX, AND MOVING AVERAGE.

Let me know the requirements or rather the process of starting LIVE FX TRADING with you. Below is my email address;

nemezuresltd[a]yahoo.com

Thanks.

  • FxIndicators

We have all these indicators explained in details on this website.
Here you'll quickly find the links:

http://forex-indicators.net/forex-indicators-in-alphabet-order

To start Forex trading simply open a demo account with any Forex broker. Every day you'll be learning more and getting better at trading. Just take it easy one step at the time. Good luck!

  • keita4real

Pls I would like to know more about bar time and how to get it and download it, my email is. keita4real[a]yahoo.com

  • FxIndicators

Bar time is shown on every trading platform.
Plus there is a custom indicator for MT4 to trace bar time called: b-clock.mq4

  • ARIYO

Good work.
I want to download ADL.mq4, but it not available in your indicator guide.
Please send if to my e-mail address. abiola_ariyo()yahoo.co.uk
Thank you.

ARIYO

  • FxIndicators

I don't have ADL for MT4, I'm sorry.

  • Komolafe

how can I download these forex indicator ---- Komolafe

  • FxIndicators

It's simple, follow guidelines:
http://forex-indicators.net/how-to-install-mt4-indicators

  • trader

i want to trade real entry and real exit singal which indicators indicate this type of signal in time frame of 1 minute.

  • trader

1 minute time frame is best or not

  • trader

1 minute time frame is not the best option - would be too fast.

  • trader

WHERE AM I TO GET THIS ADVANCE DECLINE INDICATOR? CAN SOME BODY SEND TO [email protected]???thank you

  • amit jasani

hey, my name is amit jasani. i have lost too much money in the forex. can u help me out. plz send me indicators so that, i can cover my investors money.
my email is: [email protected]
Thanks

  • chimzy

Hello, I wish to say a big thank you to you guys! You are doing a great and commendable Job. Thanks for helping. I appreciate.
-chimzy

  • Eric

where can I get advance decline indicator for mt4todownload? - Eric.

  • FxIndicators

I haven't found ADL for MT4, still searching. Would also appreciate if someone could share.

  • Zakir

Hi guys
Trading needs to analysis for trade. I have Karl Dithman BUY SELL MAGIC, AUTO FIBONACCI and others lot of free indicators. SO for the trading you need all in one combination for trade dicision making.
thanks

Zakir
[email protected]

  • trader

thanks,.

  • trader

thanks


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