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Advance Decline Line
Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=66502
Forum: 48 · Topic 66502 · 1 post(s)
Advance Decline Line
Alexander.Gettinger · Wed Aug 15, 2018 1:30 pm
Advance Decline Line Indicator can be used as a measure of trend strength as well as an indication of possible change.
ADL indicator in Forex provides a comparison between the number of market advancing and declining moments for a given period of time.
If used Cumulative algorithm will add current period Advance Decline Line to previous period Advance Decline Line value.
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