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Views:: 8002
Rating:: (15)
Published:: 2019.02.07 09:00

Smoothed_ADX.mq5 (13.18 KB) view

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This indicator is the smoothed standard indicator Average Directional Movement Index.

It has five adjustable parameters:

Period - ADX calculation period
Primary smoothing factor - primary factor of smoothing
Secondary smoothing factor - secondary factor of smoothing
Strong trend level - level of a strong trend
Weak trend level - level of a weak trend

Calculations:

SDIP = Secondary smoothing factor * DIPtmp + (1.0 - Secondary smoothing factor) * PrevSDIP
SDIM =Secondary smoothing factor * DIMtmp + (1.0 - Secondary smoothing factor) * PrevSDIM
SADX = Secondary smoothing factor * ADXtmp + (1.0 - Secondary smoothing factor) * PrevSADX

where:

DIPtmp = 2.0 * DMIplus + (Primary smoothing factor - 2.0) * PrevDMIplus + (1.0 - Primary smoothing factor) * PrevDIPtmp
DIMtmp = 2.0 * DMIminus + (Primary smoothing factor - 2.0) * PrevDMIminus + (1.0 - Primary smoothing factor) * PrevDIMtmp
ADXtmp = 2.0 * ADX + (Primary smoothing factor - 2.0) * PrevADX + (1.0 - Primary smoothing factor) * PrevADXtmp
DMIplus, DMIminus - DMI+ и DMI-
ADX - Directional Movement Index(Period)

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/23537

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