This is average indicator where is slope of average filtered with ADX.
When is both have same direction is uptrend and viceversa. If trend of average and ADX is not same is neutral trend.
Color of average can be 2 (signal to signal) or 3 state.
For ADX is 4 logic to make direction.
For related indicators, please see:
- For the MADX Guppy Multiple Moving Average version, please see here: MADX E-Averages (Guppy MMA Style
- For the MAVQ Moving Average Volatility Quality version, please see here: MAVQ - Moving Average Volatility Quality
