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« ADX - Average Directional Index | Main | Alternate ThreeTenOscillator »
Tuesday
Mar132012

ADXR

ADXR

Prodigio Description:
ADXR attempts to measure the strength of a price movement in positive and negative directions, as well as the overall strength of the trend. The ADXR is used in much the same way as the ADX; the higher the ADXR value the stronger the trend. Values above 40 indicate very strong trending while values below 20 indicate non-trending or ranging market conditions.

 

 See more: Discussions & Examples 

 See in Advanced Manual --> ADXR

 

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