Skip to content

AverageDirectionalMovementIndexRating

Summary

The Average Directional Movement Index Rating (ADXR) measures the strength of the Average Directional Movement Index (ADX). It's calculated by taking the average of the current ADX and the ADX from one time period before.

Signature

1
public abstract interface AverageDirectionalMovementIndexRating

Namespace

cAlgo.API.Indicators

Properties

Name Description
ADX { get; set; } The Average Directional Movement Index (ADX) indicates whether the market is trending or ranging.
ADXR { get; set; } The rating of Average Directional Movement Index (ADX)
DIMinus { get; set; } The Positive Direction Indicator (+DI) indicates upward trend movement.
DIPlus { get; set; } The Negative Direction Indicator (-DI) indicates downward trend movement.

Examples

 1
 2
 3
 4
 5
 6
 7
 8
 9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
 using cAlgo.API;
 using cAlgo.API.Indicators;
 namespace cAlgo.Robots
 {
     // This sample cBot shows how to use the Average Directional Movement Index Rating indicator
     [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
     public class AverageDirectionalMovementIndexRatingSample : Robot
     {
         private double _volumeInUnits;
         private AverageDirectionalMovementIndexRating _averageDirectionalMovementIndexRating;
         [Parameter("Volume (Lots)", DefaultValue = 0.01)]
         public double VolumeInLots { get; set; }
         [Parameter("Stop Loss (Pips)", DefaultValue = 10)]
         public double StopLossInPips { get; set; }
         [Parameter("Take Profit (Pips)", DefaultValue = 10)]
         public double TakeProfitInPips { get; set; }
         [Parameter("Label", DefaultValue = "Sample")]
         public string Label { get; set; }
         public Position[] BotPositions
         {
             get
             {
                 return Positions.FindAll(Label);
             }
         }
         protected override void OnStart()
         {
             _volumeInUnits = Symbol.QuantityToVolumeInUnits(VolumeInLots);
             _averageDirectionalMovementIndexRating = Indicators.AverageDirectionalMovementIndexRating(20);
         }
         protected override void OnBar()
         {
             if (_averageDirectionalMovementIndexRating.ADXR.Last(1) < 25) return;
             if (_averageDirectionalMovementIndexRating.DIPlus.Last(1) > _averageDirectionalMovementIndexRating.DIMinus.Last(1) && _averageDirectionalMovementIndexRating.DIPlus.Last(2) <= _averageDirectionalMovementIndexRating.DIMinus.Last(2))
             {
                 ClosePositions(TradeType.Sell);
                 ExecuteMarketOrder(TradeType.Buy, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips);
             }
             else if (_averageDirectionalMovementIndexRating.DIPlus.Last(1) < _averageDirectionalMovementIndexRating.DIMinus.Last(1) && _averageDirectionalMovementIndexRating.DIPlus.Last(2) >= _averageDirectionalMovementIndexRating.DIMinus.Last(2))
             {
                 ClosePositions(TradeType.Buy);
                 ExecuteMarketOrder(TradeType.Sell, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips);
             }
         }
         private void ClosePositions(TradeType tradeType)
         {
             foreach (var position in BotPositions)
             {
                 if (position.TradeType != tradeType) continue;
                 ClosePosition(position);
             }
         }
     }
 }

See Also


Last update: June 26, 2022

Comments