AdxVma trend that uses adxvma steps to show the trend.
The trend is based on values similar to ADX (hence the name of the adxvma) but still different enough to make this indicator showing different values than adx trend would be. The values can be smoothed using one of the 5 smoothing types:
simple moving average
exponential moving average
smoothed moving average
linear weighted moving average
adxvma average
PS: regardless of the smoothing period or type, the state (the “trend”) of the indicator will not change. The smoothing is introduce in order to have a cleaner picture where the trend is heading, not to alert the trend value. Trend value depends exclusively on the adxvma calculation. When adxvma is used for smoothing, that does not change the trend either (since in that case it is used only for smoothing, not for trend assessment).
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.…
ADXVMA - indicator MetaTrader 5 ADXVMA is one new sort of a Moving Average. It uses modified ADX calculation for adapting Moving Average calculation. The…
ADXVMA - indicator MetaTrader 5 ADXVMA — a special kind of moving average. It is using a sort of ADX values for determining the weights…
Trend Dashboard Indicator - indicator MetaTrader 5 Trend Dashboard Indicator MetaTrader 5 indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic oscillator, RSI…
