Average Directional Movement Index (Adx)

Average Directional Index - ADX Definition and Uses
The average directional index (ADX) is a technical analysis indicator used by some traders to determine the strength of a trend. The trend can be either up or down, and this is shown by two accompanying indicators, the Negative Directional Indicator (-DI) and the Positive Directional Indicator (+DI).

Average directional movement index
The average directional movement index (ADX) was developed in 1978 by J. Welles Wilder as an indicator of trend strength in a series of prices of a financial instrument. ADX has become a widely used indicator for technical analysts, and is provided as a standard in collections of indicators offered by various trading platforms.

What Is ADX? - Average Directional Moving Index
ADX stands for Average Directional Movement Index and can be used to help measure the overall strength of a trend. The ADX indicator is an average of expanding price range values.

Average Directional Index (ADX) [ChartSchool]
The Average Directional Index (ADX) is used to measure the strength or weakness of a trend, not the actual direction. Directional movement is defined by +DI and -DI. In general, the bulls have the edge when +DI is greater than -DI, while the bears have the edge when -DI is greater.

ADX Average Directional Movement Technical Analysis Indicator
The Average Directional Movement Index (ADX) technical analysis indicator describes when a market is trending or not trending. When combined with the DMI+ plus and DMI- minus (see: DMI) the ADX can generate potential buy and sell signals.

How is the Average Directional Index (ADX) calculated and
The average directional index, or ADX, is the primary technical indicator among the five indicators that make up a technical trading system developed by J. Welles Wilder, Jr. and is calculated...

Incredible Charts: ADX - Average Directional Index
ADX - Average Directional Index. ADX is part of the Directional Movement System developed by J. Welles Wilder but can be successfully used on its own to signal trend changes and to indicate whether a stock is trending or ranging.