Category Oscilators  Published on 18/08/2020

[PoshTrader] ADX Signed

Description

ADX Signed calculates direction movement values using the standard method but excludes the operation of taking the module of values. It preserves common signs of ADX values, which makes it more compatible, easy to use, and gives signals quicker than conventional ADX.

Also, the indicator provides an additional line calculated as a difference between the DI+ and DI- component. This line can identify overbought/oversold areas, and together with divergence pattern, it makes a strong reversal signal.


powered by PoshTrader Marketplace

How to install?


You might also be interested in:

[PoshTrader] ADX Signed

[PoshTrader] Bid and Ask

[PoshTrader] Deal Map

[PoshTrader] Divergence Spotter

[PoshTrader] Market Sentiment

[PoshTrader] Pivot Points

[PoshTrader] Position Axis

[PoshTrader] Renko Tails

[PoshTrader] Symbol Watermark

 


/* -------------------------------------------------------------------------------
 *
 *      [PoshTrader] ADX Signed
 *
 *      Copyright (C) 2020, PoshTrader Ltd (https://poshtrader.com)
 *      PoshTrader reserves the right to modify or overwrite this algo with each release.
 *
 *      https://poshtrader.com/items/ctrader/4836/
 *
 * -------------------------------------------------------------------------------
 */

using cAlgo.API;
using PoshTrader.Licensing;

namespace cAlgo
{
    [Item(4836, "ADX Signed", Author = "PoshTrader")]
    [Indicator(IsOverlay = true, AccessRights = AccessRights.FullAccess)]
    public class SymbolWatermark : Indicator
    {
        protected override void Initialize()
        {
            new ItemLicense(this);
        }

        public override void Calculate(int index) { }
    }
}


whis.gg's avatar
whis.gg

Joined on 31.08.2015

  • Distribution: Paid
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: [PoshTrader] ADX Signed.algo
  • Rating: 5
  • Installs: 7389
  • Modified: 13/10/2021 09:55
Comments
Log in to add a comment.
CU
CuteLittleMay · 4 years ago

not free !