The Children's Beverage Group (TCBG) Message Board

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Non-Tech : The Children's Beverage Group (TCBG)

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To: RJC2006 who wrote (823)	7/12/1998 7:40:00 AM
From: TATRADER	Read Replies (1) of 2452

Hi Bob, ADX is a mathematical formula used to measure the strength of a trend...A measurement of above 30 means a stock is trending strongly..ADX is used as a companion with the +D1 and -D1 indicators...ADX only measures the presence of a trend, +D1 and -D1 tell the direction of the trend...When a stock is in an uptrend, the +D1 will be greater than the -D1....That is as simple as I can put it... Reading on TCBG as of Friday; +d1=36, -d1=14, ADX=30... Got to get to church...Regards, Mark

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