ADXVMA iTrend is an iTrend indicator with ADXVMA smoothing. Trend is used to determine where the trend starts and ends. Adjust the period inputs accordingly to suit your backtest requirements. This is also useful for scalping lower timeframes.
What is the ADXvma - Average Directional Volatility Moving Average?
Linnsoft's ADXvma formula is a volatility-based moving average, with the volatility being determined by the value of the ADX indicator.The ADXvma has the SMA in Chande's CMO replaced with an EMA , it then uses a few more layers of EMA smoothing before the "Volatility Index" is calculated.
Included
What is the ADXvma - Average Directional Volatility Moving Average?
Linnsoft's ADXvma formula is a volatility-based moving average, with the volatility being determined by the value of the ADX indicator.The ADXvma has the SMA in Chande's CMO replaced with an EMA , it then uses a few more layers of EMA smoothing before the "Volatility Index" is calculated.
Included
- Bar coloring
- Alerts
- Signals
- Loxx's Expanded Source Types
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