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Indicators

Smoothed_ADX - indicator for MetaTrader 5

Scriptor | English Русский Español

Views:
236
Rating:
votes: 6
Published:
2019.02.07 09:00

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 Software Corp.
Original code: https://www.mql5.com/ru/code/23537

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