average

ADXR Avg. Directional Movement Rating

Average Directional Movement Rating quantifies momentum change in the ADX. It is calculated by adding two values of ADX (the current value and a value n periods back), then dividing by two. This additional smoothing makes the ADXR slightly less responsive than ADX. The interpretation is the same as the ADX; the higher the value, the stronger the trend.

Homework #03 - Average Range Volume and Other Tendencies

Homework - Average Range Volume and Other Tendencies

What is the average range and volume of the initial balance, the overnight period, the day session, the 24hr session? How often does price open above/below previous day session range? What is the relationship of overnight direction to day session direction and visa versa?