Advance Decline Line

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Advance Decline Line

Postby Alexander.Gettinger » Wed Aug 15, 2018 1:30 pm

Advance Decline Line Indicator can be used as a measure of trend strength as well as an indication of possible change.

ADL indicator in Forex provides a comparison between the number of market advancing and declining moments for a given period of time.

If used Cumulative algorithm will add current period Advance Decline Line to previous period Advance Decline Line value​​.

Advance Decline Line.PNG


Download:
Advance Decline Line_JS.jsl
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Alexander.Gettinger
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