ADX Signed [NinjaTrader8]
This indicator calculates ADX values using the standard method but excludes taking the module of values. It preserves common signs of ADX values, making it more compatible, easy to use, and gives signals quicker than conventional ADX.
Also, the indicator provides an additional line calculated as a difference between the DI+ and DI- component. This line can identify overbought/oversold areas, and together with divergence pattern, it makes a strong reversal signal.
You might also be interested in following NT8 tools:
[PoshTrader] Renko
[PoshTrader] MA Crossover
[PoshTrader] Super Trend
[PoshTrader] Moving Averages
[PoshTrader] Ichimoku Kinko Hyo
This indicator calculates ADX values using the standard method but excludes taking the module of values. It preserves common signs of ADX values, making it more compatible, easy to use, and gives signals quicker than conventional ADX.
Also, the indicator provides an additional line calculated as a difference between the DI+ and DI- component. This line can identify overbought/oversold areas, and together with divergence pattern, it makes a strong reversal signal.
You might also be interested in following NT8 tools:
[PoshTrader] Renko
[PoshTrader] MA Crossover
[PoshTrader] Super Trend
[PoshTrader] Moving Averages
[PoshTrader] Ichimoku Kinko Hyo
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