ADXVMA is one new sort of a Moving Average.
It uses 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. That makes it useful for trending mode and for support /
resistance usage too.
Author: Mladen Rakic
Thanks for this indicator, the flat colour does not work, its either red or green, no grey, is it possible to fix please
Nothing to fix
What you call the "flat color" is there just in case when there is still not trend determined (at the very beginning of the calculation) . This indicator was meant to have only those colors