ksestocks.com logo
  ·  Beggars and Choosers·  Iran lifts ban on import of Pakistani kinnow: Khurram Dastgir·  SECP's broker-license regulations pull 100-index down 500 points·  Market watch: Stocks bleed as KSE-100 endures another fall·  OGRA proposes Rs2.96 per litre increase in petrol price·  Who was Abdul Sattar Edhi, Pakistan's humble 'Angel of Mercy' who founded a charity empire from a Karachi slum·  Summit preceding ECO's 22nd meeting of COM held in capital·  Longest bridge on River Indus inaugurated at Jhirk·  Analysts hail decision to hold PSL final in Lahore·  PEMRA chief advised to move SC over LHC's order against DTH licence auction·  Trump wants to add $54 billion to defense and cut social spending·  Indonesian police kill bomber, investigate for link to ISIS sympathisers·  Abbas: Palestinians will work with Trump for two-state solution·  Afghanistan's Approach to Russian Diplomacy: Keep It in the Family·  Bugti taken 'out of context' on presence of Afghan Taliban in Baloch seminaries: spokesman Monday, February 27, 2017

Welles Wilder's Average Directional Index (ADX):

Welles Wilder, writes about this indicator in his book "Directional movement is the most fascinating concept I have studied." Wilder designed ADX with commodities in mind, but this indicator can also be applied to stocks. Commodities tend to be more volatile with short and strong trends. Although for volatile stocks it can be used for generating buy and sell signals however it is not suitable to trade in low volatility stocks with its generated buy or sell signals.

Having said that, The Average Directional Index (ADX) can still be used to measure the strength or weakness and direction of a trend in stocks. We don't use its buy or sell signals instead we use it in combination with a signal generating indicator such as Parabolic SAR to make a complete trading system.

Disclaimer: Stock market is a risky place and trading based on this indicator is totally on your own risk. We assume absolutely no responsibility if you bear losses in your trading.


Select Company:
 
Companies:
 

Disclaimer: ksestocks.com is not a KSE website. For KSE official website please visit www.psx.com.pk
Copyright © 2005-2013 KSEStocks Dot Com | Privacy Policy