v0.8.6: update indicator docs, ndepend tooling, ALMA refactor, gitignore cleanup

This commit is contained in:
Miha Kralj
2026-03-13 13:46:52 -07:00
parent e3e9555fc1
commit c75135ab14
402 changed files with 2222 additions and 1779 deletions
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| **PineScript** | [adxr.pine](adxr.pine) |
- The Average Directional Movement Rating is a smoothed version of ADX that dampens short-term fluctuations in trend strength by averaging the curren...
- Parameterized by `period`.
- Output range: Varies (see docs).
- Requires `adx.WarmupPeriod + period - 1` bars of warmup before first valid output (IsHot = true).
- **Similar:** [ADX](../adx/Adx.md), [DX](../dx/Dx.md) | **Complementary:** Aroon for trend timing | **Trading note:** Smoothed ADX; slower but fewer false signals. Used in Wilder's Directional Movement System.
- Validated against TA-Lib, Skender, and Tulip reference implementations where available.
The Average Directional Movement Rating is a smoothed version of ADX that dampens short-term fluctuations in trend strength by averaging the current ADX with a historical ADX value. This creates a doubly-lagged metric that sacrifices all timing utility in exchange for stable regime classification. ADXR answers one question: does the current market environment reward trend-following strategies? If ADXR is high, deploy momentum logic. If low, deploy mean-reversion. It is a strategic filter, not a tactical signal.
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## Resources
- Wilder, J.W. — *New Concepts in Technical Trading Systems* (Trend Research, 1978)
- PineScript reference: `adxr.pine` in indicator directory
- PineScript reference: `adxr.pine` in indicator directory