Indicator DMX (Bipolar DMI) is calculated using the standard indicator ADX. However, as compared to that, it displays data as an oscillator with a signal line, and has shorter delay.
DMX = (P-M) / (P+M)
Signal = MA(DMX, Signal period, Method)
where:
P - (+DI) ADX indicator line;
M - (-DI) ADX indicator line.
Source: www.mql5.com/en/code/21161
DMX = (P-M) / (P+M)
Signal = MA(DMX, Signal period, Method)
where:
P - (+DI) ADX indicator line;
M - (-DI) ADX indicator line.
Source: www.mql5.com/en/code/21161