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.
||The number of bars used to calculate the ADX.|
||Defines upon which event the signal is issued: ADX crossing above or below the threshold level.|
||The threshold level.|
||The type of moving average to be used in calculations: simple, exponential, weighted, Wilder's, or Hull.|
||The ADX Crossover plot.|
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.