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Updated PpSignal ADX Moving Average

The ADX indicator uses a smoothing moving average in its calculation and we find out that the best ADX indicator settings to use is 14 periods. ... The ADX indicator can only help us to gauge the intensity of the trend so we need to RSI or Ewo indicator for entry signals.
Gray color is hold, lime buy and orange sell.
Gray color is hold, lime buy and orange sell.
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We adde description in plote line.Protected script
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Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.