You are viewing a single comment's thread from:
RE: Steemit Crypto Academy Season 3-Week 7 | Trading Crypto With Average Directional Index (ADX) Indicator
You can complete the last operations to find the value of ADX indicator in easier way
Calculate Directional Movement Index (DX). It equals the absolute value of +DI14 minus -DI14 divided by the sum of +DI14 and – DI14. It is also expressed in % terms.
Calculate Average directional index (ADX). It is the 14 period moving average of DX.
ADX = MA [((+DI) – (-DI)) / ((+DI) + (-DI))] x 100;
Thank you very much. A bit complicated. :)