ADXCrossover

Description

The ADX Crossover study finds where the Average Directional Index (ADX) crosses a specified level. Values of ADX higher than this level are supposed to signify a strong trend (of either direction), while lower values indicate a weak trend.

Input Parameters

Parameter Description
length The number of bars used to calculate the ADX.
crossing type Defines upon which event the signal is issued: ADX crossing above or below the threshold level.
threshold The threshold level.
average type The type of moving average to be used in calculations: simple, exponential, weighted, Wilder's, or Hull.

Plots

Plot Description
signal The ADX Crossover plot.

Example*

*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.

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