Wednesday, December 04, 2019 6:09:40 PM
Average Directional Index Technical Indicator (ADX) helps to determine if there is a price trend. W. Wilder recommends buying when +DI (blue) is higher than -DI (red), and selling when +DI sinks lower than -DI.
J. Welles Wilder Jr. is the father of several technical indicators that are now considered to be core indicators in technical analysis software. These include Average True Range, the Relative Strength Index (RSI), Average Directional Index, and the Parabolic SAR.
J. Welles Wilder Jr. is the father of several technical indicators that are now considered to be core indicators in technical analysis software. These include Average True Range, the Relative Strength Index (RSI), Average Directional Index, and the Parabolic SAR.
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