Category

Indicator Functions

Description

Wilder's Average Directional Index

Syntax

ADX(len)

Parameters

len - bar count formula

Notes

Calculation uses the original Welles Wilder formula.

Wilder's exponential smoothing is equivalent to using 2*len-1 in a regular exponential moving average.

This indicator supports ultra-fast one-pass calculation when given its own Data Section item.

 

 

 

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