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Directional Movement - Average Index Rating (ADXR)

Author
J. Welles Wilder

Reference
Book New Concepts in Technical Trading Systems [Amazon.com]
by J. Welles Wilder; Trend Research. ISBN:0894590278

Interpretation / Algorithm
Directional Movement with Metastock screenshot [paritech.com]
Description with math formula [FMLabs.com]

Product ImplementationFunction / Formula / Script / Source Code
Genius Trader [geniustrader.org]PERL Script - GT::Indicators::ADXR [geniustrader.org]
TA-Lib [ta-lib.org]C/C++ Source Code - TA_ADXR()
Wealth-Lab [wealth-lab.com]ChartScripts using ADXR [wealth-lab.com]

 

 

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