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H
BestScopePeriodSample%ChangeS&P500
1
+IndustryYearTop 5
85.23%
16.25%
-GlobalYearLast 25
-4.11%
16.25%
5
+IndustryYearTop 10
199.01%
15.71%
-GlobalYearLast 10
-13.42%
15.71%
A
+GlobalWeekTop 5
2.74%
0.14%
-IndustryYearLast 5
14.96%
7.22%

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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