MAX SAHAM ADX with DI

2021년 3월 13일

Max Saham's ADX line with D+ & D-

ADX is used to quantify trend strength.

When the D+ (+DMI) is dominant and rising, price direction is up.

When the D- (-DMI) is dominant and rising, price direction is down. But the strength of price must also be considered.

Uses Wilder's MA to get a more accurate ADX reading as compared to SMA.

Also added the green background to indicate the trend and also dots to indicate bull and bear crossing of the DMI's