Average Directional Movement Index Rating (ADXR) Indicator

ADXR stands for Average Directional Movement Index Rating. Developed by Welles Wilder, the ADXR quantifies the change of momentum in the ADX (Average Directional Index). The ADXR is used in the same way as the ADX – the higher the ADXR reading, the more resilient the trend.

Indicators
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