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H
BestScopePeriodSample%ChangeS&P500
1
+GlobalMonthTop 5
9.84%
1.23%
-GlobalYearLast 25
-6.89%
12.55%
5
+GlobalMonthTop 5
19.03%
0.88%
-GlobalYearLast 25
-1.65%
12.7%
A
+GlobalWeekTop 5
2.6%
0.16%
-GlobalMonthLast 10
1.38%
0.8%

Average Directional Index

The Average Directional Index is comprised of 3 lines -the ADX and the +DI and -DI. The ADX value is a measure of the strength of the trend, while the -DI and +DI point to the direction of the strength. We are using a standard 14 period for the ADX and display a positive value if the +DI is above the –DI. If the -DI is above the +DI, we are using the negative DX value.

Part of: Momentum


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