Here you can post and download custom indicators. PLEASE: Do not start topics unless you are posting your own indicator, they will be moved to appropriate section even if you do.
This indicator and ADX have a similar formula.
ADX = | DMI.up - DMI.down| / | DMI.up + DMI.down|
DMX=( DMI.up - DMI.down ) / ( DMI.up + DMI.down )
According to the author.
DMX is low lag substitute for classical DMI and ADX indicators.
- FXCodeBase: Confirmed User
- Posts: 12781
- Joined: Thu Dec 31, 2009 11:59 am
- Location: Zagreb, Croatia
Return to Custom Indicators
Who is online
Users browsing this forum: Andries Makua, Bing [Bot], Yahoo [Bot] and 12 guests