Average Directional Movement Index Rating (ADXR)

Category: trend, volatility

Calculates the Average Directional Movement Index Rating (ADXR), which measures the strength of a trend and its momentum by averaging current ADX with a historical value.

Formula

ADXR = (ADX_{current} + ADX_{n}) / 2 \text{ where } n \text{ is the rating period}

Inputs

• i_period (default: 14)
• i_rating_period (default: 14)

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