Category Oscilator  at 18/08/2020

[PoshTrader] ADX Signed


ADX Signed calculates direction movement values using the standard method but excludes the operation of taking the module of values. It preserves common signs of ADX values, which makes it more compatible, easy to use, and gives signals quicker than conventional ADX.

Also, the indicator provides an additional line calculated as a difference between the DI+ and DI- component. This line can identify overbought/oversold areas, and together with divergence pattern, it makes a strong reversal signal.

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How to install?

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/* -------------------------------------------------------------------------------
 *      [PoshTrader] ADX Signed
 *      Copyright (C) 2020, PoshTrader Ltd (
 *      PoshTrader reserves the right to modify or overwrite this algo with each release.
 * -------------------------------------------------------------------------------

using cAlgo.API;
using PoshTrader.Licensing;

namespace cAlgo
    [Item(4836, "ADX Signed", Author = "PoshTrader")]
    [Indicator(IsOverlay = true, AccessRights = AccessRights.FullAccess)]
    public class SymbolWatermark : Indicator
        protected override void Initialize()
            new ItemLicense(this);

        public override void Calculate(int index) { }

Jiri's avatar

Joined 31.08.2015

  • Type: Paid
  • Language: C#
  • Trading Platform: cTrader Automate
  • Filename: [PoshTrader] ADX Signed.algo
  • Rating: 5
  • Downloads: 7389
Only logged in users can post a comment
CuteLittleMay · 3 years ago

not free !