Adx average directional movement index
The Average Directional Movement Index is a versatile technical indicator that can be used as a stand-alone trading strategy, or in combination with other trading strategies. The ADX crossover strategy is based on the crossover of the directional movement lines (+DI and -DI) and an ADX reading of above 25. Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend. - Free download of the 'Average Directional Movement Index, ADX' indicator by 'MetaQuotes' for MetaTrader 4 in the MQL5 Code Base Wilder's DMI (ADX): The indicator was developed by J. Welles Wilder, and shows the strength of a trend- either up or down. According to Wilder, a trend is present when the ADX is above 25.