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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

Examples

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 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

Properties

ADX

Summary

The Average Directional Movement Index (ADX) indicates whether the market is trending or ranging.

Signature

1
public abstract IndicatorDataSeries ADX {get; set;}

Return Value

IndicatorDataSeries

ADXR

Summary

The rating of Average Directional Movement Index (ADX)

Signature

1
public abstract IndicatorDataSeries ADXR {get; set;}

Return Value

IndicatorDataSeries

DIMinus

Summary

The Positive Direction Indicator (+DI) indicates upward trend movement.

Signature

1
public abstract IndicatorDataSeries DIMinus {get; set;}

Return Value

IndicatorDataSeries

DIPlus

Summary

The Negative Direction Indicator (-DI) indicates downward trend movement.

Signature

1
public abstract IndicatorDataSeries DIPlus {get; set;}

Return Value

IndicatorDataSeries