Average Directional Index (ADX)

Description

An indicator used in technical analysis as an objective value for the strength of trend. ADX is non-directional so it will quantify a trend’s strength regardless of whether it is up or down. ADX is usually plotted in a chart window along with two lines known as the DMI (Directional Movement Indicators). ADX is derived from the relationship of the DMI lines.

… Courtesy of Investopedia

Syntax

ADX(int period)

ADX(ISeries\<double\> input, int period)

Returns default value

ADX(int period)[int barsAgo]

ADX(ISeries\<double\> input, int period)[int barsAgo]

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

Parameters

Examples

1
// Prints the current value of a 20 period ADX
2
double value = ADX(20)[0];
3
Print("The current ADX value is " + value.ToString());

Source Code

You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.