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Smoothed ADX - indicator for MetaTrader 5

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Published by:
Nikolay Kositsin
votes: 14
2011.11.15 18:26
2016.11.22 07:32

Real author:


John Ehlers smoothing algorithm is applied to all three standard ADX (Average Directional Movement Index) indicator buffers.

The image below shows that smoothed ADX contains less market noise in comparison with standard ADX.

This indicator was first implemented in MQL4 and published in Code Base at 28.02.2007.

ADX and ADX Smoothed indicators

Translated from Russian by MetaQuotes Software Corp.
Original code:

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