A simple oscillator showing the difference between the values of standard indicators ADX and ADX as of N periods ago.
It has three input parameters:
- ADX Period - ADX calculation period;
- Difference - number of periods ago;
- Applied price - ADX calculation price.
Calculations:
ADX Difference = ADX[i] - ADX[i-Difference]
where:
ADX - Average Directional Movement Index with the calculation period of Period
