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ADX Indicator

This set of indicators, called the Directional Movement system, include DI+, DI-, DX, ADX and ADXR. These indicators were developed by Welles Wilder in his book "New Concepts in Technical Trading Systems".   Directional Index (DX) combines the DI+ and DI- to measure the strength of a trend. The stronger the trend, the further the spread between the DI+ and DI- trend lines. ADX is an average, or smoothed version of DX.

 

See Also

ADX Developer Help

ADXR Indicator

DI+ Indicator

DI- Indicator