Wootrader.com is moving to https://financeboards.com - sign up for a free account.

H
BestScopePeriodSample%ChangeS&P500
1
+GlobalYearTop 25
21.7%
15.32%
-GlobalYearLast 5
4.78%
15.32%
5
+IndustryMonthTop 10
7.05%
0.85%
-GlobalYearLast 5
0.09%
15.96%
A
+GlobalWeekTop 5
3.03%
0.13%
-IndustryYearLast 5
12.86%
6.66%

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


Locked content

This full content is available for membership level Advanced Investor or higher. You can register for a new account now.