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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.

 

Copyright 1996-2002 PAS Astro-Soft, Inc. Last updated: April 23, 2014 All names mentioned in this document are trademarks or registered trademarks of their respective owners.