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Measuring the speed/slope of ADX

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    Measuring the speed/slope of ADX

    I'm working on a system that uses ADX with +DI & -DI.
    My question is :
    Is there a standard indicator or approach to calculate the slope or the speed of a rising ADX indicator?
    Obviously, if ADX rises from a value of 30 to 40 in a 2 minute time frame vs a 30 minute time frame, that would indicate a significant difference in the immediate
    strength of the move. I'm assuming this would reflect in the slope value of the adx ( as in, a higher slope equating to a faster rising value) - just not sure how to programmatically calculate that .
    Or - is there another another standard indicator that I could use in conjunction with ADX / +DI & -DI to measure this?

    Thanks
    Devon

    #2
    Devon,

    You could try using the Slope() method.
    Josh P.NinjaTrader Customer Service

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      #3
      adx

      Hey devonkyle,

      Just wondering how the adx indicator worked out. I'm just starting some research on this indicator and it looks like you've got a good start.

      Thanks, Jeff

      Comment

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