ADX Crossing INGM

Category: momentum, trend

Identifies trend changes by detecting crossovers between the Plus Directional Index (+DI) and Minus Directional Index (-DI).

Formula

\text{Buy} = (+DI_{t} < -DI_{t}) \land (+DI_{t-1} > -DI_{t-1}) \\ \text{Sell} = (+DI_{t} > -DI_{t}) \land (+DI_{t-1} < -DI_{t-1})

Inputs

• maxBars (default: 400)
• adxPeriod (default: 14)
• adxAppliedPrice (default: PRICE_CLOSE)
• arrowDistance (default: 10)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.