Cryptocurrency Q&A
What is DX in trading?
What is DX in trading?
SkylitEnchantment
Mon Nov 04 2024
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5 answers
959
I'm interested in trading and investment, and I recently came across the term 'DX' in some trading articles. I'm not familiar with this acronym and would like to understand what it stands for in the context of trading.
5 answers
KatanaBladed
Wed Nov 06 2024
To compute the Directional Movement Index (DX), one must first determine the absolute difference between the smoothed +DI and the smoothed –DI.
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Valentina
Wed Nov 06 2024
This absolute difference is then divided by the sum of the smoothed +DI and the smoothed –DI.
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Caterina
Wed Nov 06 2024
The result of this division is multiplied by 100 to obtain the DX value.
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BusanBeautyBlooming
Tue Nov 05 2024
Following the calculation of DX, the next step is to determine the Average Directional Index (ADX).
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NavigatorEcho
Tue Nov 05 2024
The initial value of ADX is derived by averaging the DX values over a specified period.
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