ADXVMA

The ADXVMA is a volatility based moving average with the volatility being determined by the value of the ADX. The ADXVMA provides levels of support during uptrends and resistance during downtrends.

Presentation

math

Above is a 1-minute chart of the S&P E-mini Futures Contract (@ES#, DTN IQFeed). The ADXVMA line is shown as a three color line overlaying the bars.

Formula

math

  • Period - Period used in the ADXVMA calculation.
  • Flat Color - Color used to draw the flat areas of the ADXVMA line.
  • Trendling Color - Colors used for the uptrending and downtrending legs of the ADXVMA line.
  • Oscillator - Results in the ADXVMA drawing as a histogram representing the difference between the closing price of each bar and the ADXVMA value.
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