ADX Crossing INGM

Category: trend, momentum

Identifies trend reversals by detecting crossovers between the Plus Directional Index (+DI) and Minus Directional Index (-DI) components of the ADX system.

Formula

\text{Buy Signal: } +DI_{t-1} < -DI_{t-1} \text{ and } +DI_{t} > -DI_{t} \\ \text{Sell Signal: } +DI_{t-1} > -DI_{t-1} \text{ and } +DI_{t} < -DI_{t}

Inputs

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

See signal primitives and every published strategy that uses ADX Crossing INGM on WOBR StrategyVerse.