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Indicator-A-Day
24.
Volume Breakdown
23. PriceTime
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Intensity Index
21. Bollinger
Bands
20. Balance
of Power
19. RSI
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15. ADXR
14. ADX
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/ DI-
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1.
Linear Regression
ADXR (Directional Movement Rating)
| The Formula . . . |
. . .more on Formulas |
| ADXRi = (ADXi
+ ADX(i - n)) / 2 where n = ADXR Interval See Also: ADX |
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| The Presentation . . . |
. . . more on Charts |
|
Above is a Daily Chart of Brooks Automation Inc. (BRKS). The middle pane shows the ADXR line in black, along with the ADX line in blue. In the lower pane, the directional indicator has the DI+ line in green and the DI- line in red. |
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| The Preferences . . . |
. . . more on Preferences |
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| The Description . . . | |
| Average Directional Movement Rating quantifies momentum change in the ADX. It is calculated by adding two values of ADX (the current value and a value n periods back), then dividing by two. This additional smoothing makes the ADXR slightly less responsive than ADX. The interpretation is the same as the ADX; the higher the value, the
stronger the trend.
The ADXR, being a smoothed version of ADX, and can be used similarly to the ADX in the three rule system discussed on the ADX section.. The ADXR is a measure of the spread between the Directional
Indicators (+DI and -DI). When the ADXR is declining, it's not
advised to use a trend following system. However, a rising ADXR signals that the dominant trend is likely to continue. ADXR > DIMINUS AND DIPLUS > DIMINUS AND ADXR > ADXR.1 A rising ADXR, with both the ADXR and DI- above DI+ indicates a strengthening bearish trend. The scan syntax needed to represent this condition would be... ADXR > DIPLUS AND DIMINUS > DIPLUS AND ADXR > ADXR.1 If the ADXR has been below both DI+ and DI- but has begun to rise a new market trend is emerging. The scan syntax needed to represent this condition would be... ADXR < DIPLUS AND ADXR
< DIMINUS AND ADXR > ADXR.1 |
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| RTL Tokens . . . ADXR ( more ) | |
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ADXR can be accessed in the RTL language using the token ADXR. |
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| Keyboard Adjustment . . . | |
| The DX Period, the Smoothing Period, and
the ADXR Period all
can be adjusted directly from they keyboard without opening up the
preference window. First, select the indicator, then use the
up and down arrow keys to adjust the DX Period up or down by
one. To adjust the Smoothing Period, hold down the ctrl-key
while hitting the up and down arrows on your keyboard. To
adjust the ADXR Period, hold down the shift-key while hitting the up
and down arrows on your keyboard. For more information on technical
indicator adjustment, click here. |
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| User Strategies . . . | |
| If you have a User Strategy you'd like to share, please email to support@linnsoft.com | |
| 03/15/02 | |
| Coming Soon . . . | |
