adx
Calculate the Average Directional Index (ADX).
The ADX is a Welles Wilder style moving average of the Directional Movement Index (DX). The values range from 0 to 100, but rarely get above 60. To interpret the ADX, consider a high number to be a strong trend, and a low number, a weak trend.
obb.technical.adx(data: Union[list, dict, pd.DataFrame, List[pd.DataFrame], pd.Series, List[pd.Series], numpy.ndarray, Data, List[Data]], index: str = date, length: int = 50, scalar: float = 100.0, drift: int = 1)
Parameters
- Standard
| Name | Type | Description | Default | Optional |
|---|---|---|---|---|
| data | List[Data] | List of data to be used for the calculation. | None | False |
| index | str | Index column name to use with data, by default "date". | date | True |
| length | int | Number of periods for the ADX, by default 50. | 50 | True |
| scalar | float | Scalar value for the ADX, by default 100.0. | 100.0 | True |
| drift | int | Drift value for the ADX, by default 1. | 1 | True |
Returns
The calculated data.