Archived: What are the main components of the Average Directional Index?

Training Beginners
1

What are the main components of the Average Directional Index?

2

The main components of the ADX indicator include the Plus Directional Movement (+DM), Minus Directional Movement (-DM), and the ADX line itself.

3

The +DM and -DM values are used to calculate the ADX, which represents the trend’s strength.