Average directional index Definiton

is an indicator used in technical analysis. Determines the strength of the prevailing uptrend or downtrend. The average direction index is derived from the positive and negative indicators.


Related words

ABC Consumer Comfort IndexAbandoned BabyAccount Statement ReportAppreciationArbitrageADP Non Farm Employment ChangeAsk priceAscending Trend LineAverage Effective DurationAAA+ Bank DefinitonABC Elliot wavesAbove the market - limit orderAbsolute Breadth IndexAverage directional indexAverage directional indexAggregationAverage DownAverage Directional MovementAlpha coefficientAnaumeAndrews MethodAccumulation and Distribution