Definition Average directional index. Developed by J. Welles Wilder, the ADX was designed for use with the DMI. If you use the ADX with the DMI, Wilder recommends using the same parameters in both studies. Syntax Formula Where: +DI = current positive DIO -DI = current negative DIO DX = current DX Parameters SERIES Examples ADX_EX1(SERIES,PERIOD=9)=ADX(SERIES,PERIOD)ADX()
Required if the formula name declares the SERIES parameter.
INPUT
Required if the formula name declares the INPUT parameter.
PERIOD
Required if the formula name declares the PERIOD parameter.
ADX_EX2(INPUT,PERIOD=9)=ADX(INPUT,PERIOD)