ADX DIFFERENTIAL

Type : Indicator, Name : ADX Differential

Input:
ADXLen(14),
AvgLen(4);

vars:
DeltaADX(0),
DeltaAvg(0);

{ Calculating indicator values }

value1 = ADX(ADXLen);

DeltaADX = value1 — value1[1];

DeltaAvg = WAverage( DeltaADX , AvgLen );

{ Plotting indicator on the chart }

Plot1( DeltaAvg, «DeltaAvg» );