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Indicators

ADX_Difference - indicator for MetaTrader 5

Views:
4321
Rating:
(9)
Published:
2018.06.18 16:19
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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

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20912

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