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H
BestScopePeriodSample%ChangeS&P500
1
+GlobalYearTop 5
671.96%
18.83%
-IndustryYearLast 5
-3.25%
18.83%
5
+GlobalYearTop 5
132.72%
17.86%
-GlobalYearLast 10
8.26%
17.86%
A
+GlobalWeekTop 5
2.5%
0.16%
-GlobalMonthLast 10
1.63%
0.75%

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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