Excellence In Trading
No News, Just the Trade. The journal for excellence in trading.

 

If one knows little about the business of investing it can be overwhelming.  An uninformed person can invest in the stock market and lose everything.  The risk occurs not because the nature of investing is risky but because the investor was not educated about the stock market or how to invest. 

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ADX is the Average Directional Movement Index which was created in by J. Welles Wilder. ADX is usually plotted in a chart window along with two DMI (Directional Movement Indicator) lines. ADX is mainly used to quantify trend strength. However, the unique combination of indicator lines also gives a visual representation of trend direction, momentum, and volatility.

 

 

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