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M2-DX (6/Mo)
The Directional Movement Index (DX) is an intermediate result in calculating of the Average Directional Index (ADX) that was developed by J. Welles Wilder to evaluate the strength of a trend and to define a period of sideway trading. The Directional Movement index is based on the positive and negative Directional indicators and is used to spot crossovers of positive and negative directional indicators – when bullish/bearish change of power takes place.
1000 in stock
Description
The Directional Movement Index (DX) is an intermediate result in calculating of the Average Directional Index (ADX) that was developed by J. Welles Wilder to evaluate the strength of a trend and to define a period of sideway trading. The Directional Movement index is based on the positive and negative Directional indicators and is used to spot crossovers of positive and negative directional indicators – when bullish/bearish change of power takes place.
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