It uses modified ADX calculation for adapting Moving Average calculation. The process of adapting is so efficient that it filters out a lot of noise out of the market and produces longer periods of smooth values. That makes it useful for trending mode and for support / resistance usage too.
iTrend ADXVMA - indicator MetaTrader 5 Very well known iTrend indicator but that uses ADXVMA for calculation. Due to ADXVMA properties it tends to have "flat"…
ADXVMA Histogram - indicator MetaTrader 5 ADXVMA is one new sort of a Moving Average. It is using modified ADX calculation for adapting Moving Average calculation.…
