adx supertrend

Adx – Average Directional Movement Index

by forexvine on June 1, 2010

By: Mark Mcrae The ADX (Average Directional movement Index) Indicator The ADX is part of the direction movement system introduced by J.Welles Wilder in his book New Concepts in Technical Trading Systems. It comprises of the Directional Movement lines – the plus DMI line and the minus DMI line – and the ADX line (the [...]