Articles

Average Directional Movement Index Rating

Posted By: TradersLog

The Average Directional Movement Index Rating measures momentum change in the ADX. ADXR is calculated by adding the current ADX value and an ADX value n periods back, then dividing the sum by two. This serves to smooth the ADX values. As with the ADX, a rising ADXR reflects a strong underlying trend and likely continuation while falling ADXR suggests a weakening trend and possible trend reversal.

See also: Average Directional Index

Enjoying the Average Directional Movement Index Rating information? Sign up for the newsletter today and access even more top quality trading related content! Learn More


Email:

No Comments

Categories Articles, Technical Analysis | Tags: ,


Leave a Reply


By submitting a comment here you grant Traders Log a perpetual license to reproduce your words and name/web site in attribution. Inappropriate or irrelevant comments will be removed at an admin's discretion.