ADX Line AM
The indicator analyzes ADX and ATR data to define the current trend and allow traders to gain maximum profit from strong price movements. The indicator is intuitively clear: line direction change - trend direction change. Change of the line color warns of a coming direction change.
- Ind_Period (>1) - ADX calculation period;
- Sensitivity (>1) - ATR sensitivity;
- IndBarsCount (>-1) - number of bars used to calculate and plot the indicator.