Kairos™

ADXR - Smoothed ADX

The ADXR is equal to the current ADX plus the ADX from n bars ago divided by 2.  In effect, it is the average of the two ADX values.  The ADXR smoothes the ADX, and is therefore less responsive, however, the ADXR filters out excessive tops and bottoms.  To interpret the ADXR, consider a high number to be a strong trend, and a low number, a weak trend.

ADXR with a period of 14