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Average Directional M. I. Wilder

Average Directional Movement Index Wilder (ADX Wilder)

Section titled “Average Directional Movement Index Wilder (ADX Wilder)”

The Average Directional Movement Index Wilder (ADX Wilder) is a technical indicator that helps determine if there is a price trend. It is based on the algorithm described by Welles Wilder in his book ‘New Concepts in Technical Trading Systems’.

The trading rules for this indicator can be found in the section ‘Average Directional Movement Index’.