ADX currency strength

Indicator average directional movement ADX (Average Directional Index) used to determine the strong price trends. It uses the built ADX indicator and returns two values ​​of ADX force (2 line in the window), one for the base currency, and the other for the quote currency.

It combines a group of dynamically correlated (basic and quoted) currency pairs from the current schedule, ie .:

• AUD = "AUDUSD", "AUDCAD", "AUDCHF", "AUDJPY", "AUDNZD" / "EURAUD", "GBPAUD"


• USD = "USDJPY", "USDCHF", "USDCAD", "USDNOK", "USDSEK" / "AUDUSD", "NZDUSD", "EURUSD", "GBPUSD"


• NZD = "NZDCAD", "NZDCHF", "NZDJPY", "NZDUSD" / "AUDNZD", "EURNZD", "GBPNZD"


• GBP = "GBPUSD", "GBPAUD", "GBPNZD", "GBPCAD", "GBPCHF", "GBPJPY", "GBPSEK", "GBPNOK" / "EURGBP"


• EUR = "EURUSD", "EURAUD", "EURNZD", "EURCAD", "EURCHF", "EURGBP", "EURJPY", "EURSEK", "EURNOK"


• CHF = "CHFJPY" / "EURCHF", "USDCHF", "AUDCHF", "NZDCHF", "GBPCHF", "CADCHF"


• CAD = "CADCHF", "CADJPY" / "AUDCAD", "NZDCAD", "EURCAD", "GBPCAD", "USDCAD"


• JPY = "USDJPY", "AUDJPY", "NZDJPY", "CADJPY", "CHFJPY", "EURJPY", "GBPJPY", "SEKJPY", "NOKJPY", "SGDJPY"

When the base score > Quoted assessment base currency shows bovine pulse and vice versa.

Options:

• ADX_PERIOD - number of periods to calculate the indicator.


• PriceType - PriceOpen, PriceHigh, PriceLow, PriceClose

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