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Complex Indicators

Published • Jun 16, 2016
NobleIDNI7P90W37R36S31
Authors:
Ponsi

Abstract

Average directional index (ADX) is a fairly complex indicator, as it is constructed from several sub-indicators. The ADX indicator is constructed from a separate indicator called the directional movement index (DMI), which itself can be divided into two indicators: plus directional movement index (+...

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