ADXR (Average Directional Index Rating)

Indicator Description

ADXR (Average Directional Index Rating) is a variant of ADX that evaluates trend stability by comparing the current ADX value with the ADX value from n periods ago.

Function Information

• Function Name: ADXR
• Input Parameters:
  • High: High price
  • Low: Low price
  • Close: Closing price
• Parameter Settings:
  • timeperiod: Time period (default: 14)
• Output: ADXR value

Calculation Principle

ADXR is calculated using the following formula:

ADXR = (ADX + ADX(n)) / 2

Where:

• ADX is the current period's ADX value
• ADX(n) is the ADX value from n periods ago

Usage Scenarios

1. Trend Stability Assessment
2. Trend Strength Confirmation
3. Trading Signal Generation
4. Market State Analysis

Usage Recommendations

1. ADXR > 25 indicates stable strong trend
2. ADXR < 20 indicates unstable trend
3. Use in conjunction with ADX
4. Pay attention to market environment changes