RE: Steemit Crypto Academy Season 3-Week 7 | Trading Crypto With Average Directional Index (ADX) Indicator

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tht (69)in SteemitCryptoAcademy • 5 years ago

Hello professor,
I'm having a hard time calculating ADX. Is the following data sufficient to calculate ADX?
DI+ = 0.714
DI- =0.142
Period:14

5 years ago in SteemitCryptoAcademy by tht (69)

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kouba01 (82)modProfessor 5 years ago

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;

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tht (69) 5 years ago

Thank you very much. A bit complicated. :)

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