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Note:: (16)
Publié:: 2018.05.15 13:39

TrendStrength rsx.mq5 (11.48 KB) afficher

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Trend strength assessment based on RSX.

The purpose of the "trend strength" is to try to determine when the change of some other indicator is significant enough to make it a trend. Usually the "trend strength" indicator was using smoothed RSI.

This version is using RSX. Since the RSX is a "smoother RSI" (without a lag), it makes it a very good basis to be used in the trend strength indicator calculation and produces entry points without too much false signals.

ADXVMA Histogram

ADXVMA Histogram is a binary version of ADXVMA indicator: instead of showing the values of ADXVMA on chart, it displays only the state of the slope of the ADXVMA in a form of a histogram.

ADXVMA

ADXVMA uses modified ADX calculation for adapting Moving Average calculation.

Trend Strength - Jurik smoothed RSI

Trend strength assessment based on Jurik smoothed RSI.

Trend Strength Average

Trend Strength Average uses some of the 4 regular types of averages for trend strength assessment.

Trend Strength RSX - indicateur pour MetaTrader 5