ADX Signed calculates direction movement values using the standard method but excludes the operation of taking the module of values. It preserves common signs of ADX values, which makes it more compatible, easy to use, and gives signals quicker than conventional ADX.
Also, the indicator provides an additional line calculated as a difference between the DI+ and DI- component. This line can identify overbought/oversold areas, and together with divergence pattern, it makes a strong reversal signal.
1.0.3 (August 18, 2020) - Security and stability improvements 1.0.2 (August 13, 2020) - Licensing library hotfix 1.0.1 (August 12, 2020) - Migrated to the latest version of licensing library 1.0.0 (July 13, 2020) - Released