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H
BestScopePeriodSample%ChangeS&P500
1
+IndustryYearTop 5
36.53%
5.59%
-GlobalYearLast 10
-18.73%
5.59%
5
+IndustryYearTop 5
11.39%
5.93%
-GlobalYearLast 10
-10.19%
5.93%
A
+GlobalYearTop 25
12.16%
8.76%
-GlobalWeekLast 5
0.43%
0.16%

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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