Average Directional Index (ADX)

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Average Directional Index (ADX)

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Description

An indicator used in technical analysis as an objective value for the strength of trend. ADX is non-directional so it will quantify a trend's strength regardless of whether it is up or down. ADX is usually plotted in a chart window along with two lines known as the DMI (Directional Movement Indicators). ADX is derived from the relationship of the DMI lines.

 

... Courtesy of Investopedia

 

 

Syntax

ADX(int period)
ADX(ISeries<double> input, int period)

 

Returns default value
ADX(int period)[int barsAgo]
ADX(ISeries<double> input, int period)[int barsAgo]

 

 

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

 

 

Parameters

input

Indicator source data (?)

period

Number of bars used in the calculation

 

 

Examples

ns


// Prints the current value of a 20 period ADX using default price type
double value = ADX(20)[0];
Print("The current ADX value is " + value.ToString());
 
// Prints the current value of a 20 period ADX using high price type
double value = ADX(High, 20)[0];
Print("The current ADX value is " + value.ToString());

 

 

Source Code

You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.