Indicators

Average Directional Index

Directional Indicator, Indicators / By admin

Average Directional Index The average directional movement index (ADX) was developed in 1978 by J. Welles Wilder is a lagging indicator. It is an indicator of trend strength, it does not indicate the direction of strength. The ADX typically ranges between 0 to 100: the higher the oscillator, the stronger the trend is. Weak trend: ADX …

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Elliott Wave Principle

Indicators / By admin

What is the Wave Principle? The Wave Principle is a detailed description of how groups of people behave. It reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific and measurable patterns. One of the easiest places to see this phenomenon at work is in the financial markets, …

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