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DI+/- ADX ADXR


DI+/- ADX ADXR
The DMI was developed by J.Welles Wilder. The DI+ measures the upward trend tendency.  The DI- measures the downward trend tendency whilecthe ADX averages the directional movement. This version includes the ADXR which is an average of the ADX.
(DI+) above (DI-) indicates a
long  position and vice versa.  The ADX line increasing implies a  stronger trend.

 

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* The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading, and seek advice from an independent financial advisor if you have any doubts.

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