Wilder's Average Directional Movement (ADX)

Top 

Wilder's Average Directional Movement (ADX)

Variable List Abbreviation: ADX

 

Variable Mode(s): Stock, Futures1, and Futures2

[ Note: appears in indicator list only after high and low selected ]

 

Parameter Arrangement Description:  { ExpMvAvg(DX) }

 

Parameter(s): ExpMvAvg factor, DX factor

 

Description:

Exponentially smoothed version of Wilder's Directional Movement (DX).

 

Calculation:

ADX = DX * factor + Old ADX *( 1.0 - factor )