The average directional index ( ADX ) is a technical analysis metric. Analysts use it to determine the relative strength of a trend, with the direction of the trend either upwards or downwards.

The Average Directional Index ( ADX ) along with the Negative Directional Indicator ( -DI ) and the Positive Directional Indicator ( +DI ) are momentum strength indicators that evolved for use in stock trading. Commodities trader J. Welles Wilder pioneered their use. Technical traders who use charting techniques want to know when first spotting a shifting trend how strong that trend is and how likely it is to sustain itself over time. The ADX helps investors determine trend strength as they plan their investment strategies.

Confirmation on a chart and other momentum indicators help investors spot trend reversals. But some trends are more potent than others and investors want to better understand the strength of a trend. The ADX identifies a strong positive trend when the ADX is over 25 and a weak trend when the ADX is below 20. Investors can determine directional movement by analyzing the difference between two consecutive low prices and their correlated highs. The movement is +DM when the current high price, less the previous high price, is greater than the previous low price less the current low. The opposite applies in determining the negative or –DI.

When analyzing charts, stock price is the single most important variable to follow. ADX and other indicators are supplementary to price movements in providing additional directional information and support. For example, some of the best trends come about from price range consolidation. It is those tugs of war between buying and selling volumes that lead to breakouts and other trading opportunities.
The Inventor of the Average Directional Index

J. Welles Wilder, Jr. is a former American engineer and real estate developer who went on to revolutionize trading analysis by applying mathematical systems to the world of investing. In addition to developing the ADX , Wilder is also responsible for several other commonly used technical analysis tools including the Average True Range (ATR), the Relative Strength Index ( RSI ) and the Parabolic SAR .


This script has alerts and includes the filter for markets with no trend defined.

Green Alert --> Long
Red Alert --> Short
Yellow Area --> Weak trend. ADX below threshold

Green candles --> Bullish Market
Red Candles --> Bearish Market
Orange candles --> No defined trend

Nov 03
版本注释: Made of love
从收藏脚本中删除 添加到收藏脚本


首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 价格 推荐朋友 网站规则 帮助中心 网站 & 经纪商解决方案 插件 图表解决方案 轻量图表库 博客 & 新闻 Twitter
概览 个人资料设置 账户和账单 推荐朋友 我的客服工单 帮助中心 已发表观点 粉丝 正在关注 私人消息 聊天 退出