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technical_indicators:average_directional_index_adx [2019/06/24 19:39] 127.0.0.1 external edit |
technical_indicators:average_directional_index_adx [2023/06/05 15:05] jayanthi [Introduction] |
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====== Average Directional Index (ADX) ====== | ====== Average Directional Index (ADX) ====== | ||
- | ===== Introduction ===== | + | ===== What Is the Average Directional Index (ADX)? ===== |
The Average Directional Index (ADX), Minus Directional Indicator (-DI) and Plus Directional Indicator (+DI) represent a group of directional movement indicators that form a trading system developed by Welles Wilder. Although Wilder designed his Directional Movement System with commodities and daily prices in mind, these indicators can also be applied to stocks. | The Average Directional Index (ADX), Minus Directional Indicator (-DI) and Plus Directional Indicator (+DI) represent a group of directional movement indicators that form a trading system developed by Welles Wilder. Although Wilder designed his Directional Movement System with commodities and daily prices in mind, these indicators can also be applied to stocks. | ||
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- | For more details on the syntax to use for Average Directional Index, Plus DI and Minus DI scans, please see our [[docs>scans:indicators#average_directional_indicator|Scanning Indicator Reference]] in the Support Center. | + | For more details on the syntax to use for Average Directional Index, Plus DI and Minus DI scans, please see our [[https://support.stockcharts.com/doku.php?id=scans:indicators#average_directional_indicator|Scanning Indicator Reference]] in the Support Center. |
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===== Additional Resources ===== | ===== Additional Resources ===== | ||
==== Stocks & Commodities Magazine Articles ==== | ==== Stocks & Commodities Magazine Articles ==== |