Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=27832
Forum: 17 · Topic 27832 · 3 post(s)
Apprentice · Wed Dec 19, 2012 6:18 pm

This indicator and ADX have a similar formula. ADX = | DMI.up - DMI.down| / | DMI.up + DMI.down| DMX=( DMI.up - DMI.down ) / ( DMI.up + DMI.down )
According to the author. DMX is low lag substitute for classical DMI and ADX indicators.
The indicator was revised and updated
Alexander.Gettinger · Tue Sep 23, 2014 10:38 am
MQL4 version of DMX oscillator: viewtopic.php?f=38&t=61233.
Apprentice · Fri Jun 23, 2017 7:11 am
The indicator was revised and updated.