ADX Calculator Pro
by Larry Diamond
Version 1.0 💾 374 Kb
📅 Updated April 2, 20
Features ADX Calculator Pro
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.
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Available for Android 8.0 and above