Simple ADX
- Indicators
- DARIO GALLIONE
- Version: 1.0
- Activations: 5
ADX is one of the most versatile indicators, understanding it can help you understand the true nature of movements. It is often used within automatic experts to filter input signals. Unfortunately in its original form it is not immediately understandable.
This version aims to simplify its reading by transferring the burden of interpreting its values to the code. The result is a clear graph where it is easy to identify the accumulation and distribution phases, trend phases and excesses. The colors are customizable as well as the basic parameters.