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ADX Trend indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=65898
Forum: 48 · Topic 65898 · 1 post(s)
ADX Trend indicator
Alexander.Gettinger · Wed Apr 11, 2018 1:47 pm
The indicator uses ADX and DMI indicators.
The indicator draws dots if all ADX (with ADX1_Period, ADX2_Period and ADX3_Period) increase and ADX(ADX1_Period)>[Level1], ADX(ADX2_Period)>[Level2]. if (DMI+)-(DMI-)>0, indicator draws a UP dot and if (DMI+)-(DMI-)<0, indicator draws a DN dot.
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