Indicators: Simple Trend Detector

[MetaQuotes]

Simple Trend Detector:

Simple Trend Detector. Use the same as RSI and DeM.

Author: Vladislav Eremeev

[William Roeder]

Because of simplicity, would not be surprised that such an indicator exists under a different name: 0)

See Directional Movement Indicator (DMI) and Average Directional Movement Index (ADX)

[Vladislav Eremeev]

WHRoeder:

Because of simplicity, would not be surprised that such an indicator exists under a different name: 0)

See Directional Movement Indicator (DMI) and Average Directional Movement Index (ADX)

I know the ADX and sometimes use. An algorithm for calculating the ADX differs from the algorithm to compute this indicator. The same difference between the results.