ADX Calculator Free
App details
Release date
0001-01-01
Last update
0001-01-01
Product ID
XP9CF5QTRXS81T
Categories
Personal financeAbout ADX Calculator Free
The Average Directional Index (ADX), Minus Directional Indicator (-DI), Plus Directional Indicator (+DI) and Relative Strength Index (RSI) represent a group of directional movement indicators that form this unique trading system. The ADX measures trend strength without regard to trend direction. The other two indicators, +DI and -DI, complement ADX by defining trend direction. RSI is an overbought-oversold indicator that compares the magnitude of a stock’s recent gains to the magnitude of its recent losses.
The basic Directional Movement Trading system involves comparing the 14-day ADX, +DI, -DI, RSI and momentum to form a Buy-Sell signal. Additional comparisons are performed at 24, 38 and 62 day. Buy-Sell prices are calculated from linear regression analysis at 24, 38, 50 and 62 days.
This is an ad supported version containing the same powerful feature of the paid version.
Key features
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A true Directional Movement Trading system
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Used in nearly all Directional Trend Trading Systems
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Uses the RSI indicator
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Determines trend momentum
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Determines Overbought-Oversold conditions
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Fibonacci sequence
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Linear Regression