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Average Directional Movement Index Rating (ADXR)

Topics: Technical Indicators

Average Directional Movement Index Rating (ADXR) is one of technical indicator used in forex technical analysis. This indicator used by many traders to measures the strength of a prevailing trend and defines if there is direction in a market.

The Average Directional Movement Index rating (ADXR) indicator is an attempt to quantify the dynamics of change in the ADX indicator. It was developed by J. Welles Wilder and described in his book “New Concepts in Technical Trading Systems”, written in 1978.

Related Articles

From Linnsoft
Average Directional Movement Rating quantifies momentum change in the ADX. It is calculated by adding two values of ADX. (full article)

From cmsfx
The ADXR is constructed adding the current ADX value and an ADX value n-Periods ago and then dividing that sum by two. (full article)

From Forexrealm
The ADXR uses the ADX bar value and calculates the average sum of it and the ADX value of a recent, trailing bar. (full article)

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