E7 ADXR free

by Gwave in category Trend at 18/02/2021

Average Directional Movement Index Rating - ADXR, is a smoothed version of the Average Directional Index ( ADX ) which attempts to measure the strength of a price movement in positive and negative directions, as well as the strength of the trend.

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Formula / Source Code
Language: C#
Trading Platform: cAlgocTrader
´╗┐using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;

namespace cAlgo

    [Indicator(IsOverlay = true, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class E7ADXR : Indicator

        [Parameter(DefaultValue = 0.0)]
        public double Parameter { get; set; }

        protected override void Initialize()
            // Initialize and create nested indicators

        public override void Calculate(int index)

            string structuretext = string.Format("Please visit https://www.e7harmonics.com/e7qnet to download your free indicators");
            ChartObjects.DrawText("", "\t" + structuretext, StaticPosition.TopLeft, Colors.Lime);