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You liked the script? Try it in the MetaTrader 5 terminal
ADXVMA Histogram - indicator for MetaTrader 5
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- 6718
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- Published:
- 2018.05.15 13:36
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ADXVMA is one new sort of a Moving Average.
It is using modified ADX calculation for adapting Moving Average calculation. The process of adapting is so efficient that it filters out a lot of noise out of the market and produces longer periods of smooth values.
This is a binary version of ADXVMA indicator: instead of showing the values of ADXVMA on chart, it displays only the state of the slope of the ADXVMA in a form of a histogram.
ADXVMA
ADXVMA uses modified ADX calculation for adapting Moving Average calculation.
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