ADX_Difference – indicator for MetaTrader 5

  • A+
category:MT5 INDICATORS

A simple oscillator showing the difference between the values of standard indicators ADX and ADX as of N periods ago.

It has three input parameters:

  • ADX Period - ADX calculation period;
  • Difference - number of periods ago;
  • Applied price - ADX calculation price.

Calculations:

ADX Difference = ADX[i] - ADX[i-Difference]

where:

ADX - Average Directional Movement Index with the calculation period of Period

ADX_Difference - indicator for MetaTrader 5

Comment

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