Average Directional Movement Index Rating (ADXR)
Averages the current ADX with its reading from one interval earlier, smoothing out ADX spikes. Wilder used it to rate how trendy a market is: high ratings mark instruments in sustained trends, low ratings mark directionless ones. Like the ADX, it measures only trend strength, never direction.
Live Demo
Pick a market regime to see how ADXR(14) reacts:
Usage
import {} from 'trading-signals';
// ADXR yields results once 40 inputs have been added
const = new (14);