The Average Directional Index Variable Moving Average (ADXVMA) is a volatiltiy based moving average with the volatility being determined by the value of the ADX. The ADX provides levels of support during uptrends and resistance during downtrends. The indicator may also be used as a trendfilter. The trend can be positive, negative or neutral.
The ADXVMA that can be downloaded here may also be used with other input series than price. The trend can be shown via paint bars and is exposed as a public property.
Note: The ADXVMA has the trend exposed as a public property. This property can be accessed programmatically. However, it cannot be currently accessed via the market analyzer. In order to access the Trend series via the market analyzer, a specific MarketAnalyzerColumn is required. The MarketAnalyzerColumn is not yet included with the install file, as it has led to freezes with NT 8.0.8.0. The bug has been confirmed by NinjaTrader developers and only fixed with the latest release NT 8.0.9.0. (issue #12054). The market analyzer column and sound files for the ADXVMA will be availabe with a future update.
Category NinjaTrader 8 Indicators and More
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