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Adxr 1


Function - ADXR
ADXR
 Average Directional Movement Index Rating

Indicators

SYNTAX Adxr( ARRAY timeperiod)
RETURNS NUMERIC ARRAY
DESCRIPTION Average Directional Movement Index Rating
ADDITIONAL INFO The ADXR is the average of the two ADX values.
The ADXR smoothes the ADX, and is therefore less responsive, however, the ADXR filters out excessive tops and bottoms.
High ADXR value is bullish while low values is bearish.
EXAMPLE Adxr(14)



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