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H
BestScopePeriodSample%ChangeS&P500
1
+GlobalYearTop 25
43.48%
17.2%
-GlobalMonthLast 10
-5.19%
2.41%
5
+GlobalYearTop 25
59.71%
16.11%
-IndustryYearLast 10
3.39%
16.11%
A
+GlobalWeekTop 5
2.4%
0.17%
-GlobalMonthLast 10
1.7%
0.87%

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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