crypto./n
The ADX is a non-directional indicator. This means that it determines the market trend strength regardless of which direction the prices are fluctuating towards. To assess the strength of the prices moving in positive and negative directions, the <strong>Directional Movement System</strong> (DMI+ and DMI- indicators) is utilized.</p>\n<p>The ADX is represented by a line using figures from 0 to 100. It is typically shown in the same window as the two lines known as directional movement indicators (DMI). DMIs are used to calculate the ADX.</p>\n<h2>How to Calculate the Average Directional Index (ADX):</h2>\n<p>1. Calculate Directional Movement (+DM) using the formula:</p>\n<p>+DM = Current High - Previous High</p>\n<p>2. Calculate -DM using:</p>\n<p>-DM = Previous Low - Current Low</p>\n<p>3. Select between +DM and -DM based on which option has the higher value.</p>\n<p>4. Calculate the True Range (TR) using one of the following:</p>\n<p><strong>Current high - Current low; Current low - Previous close; Current high - Previous close</strong></p>\n<p>5. Calculate the smoothed 14-period averages of the TR, the +DM, and –DM using:</p>\n<p>First 14TR = Sum of first 14 TR readings</p>\n<p>Next 14TR = first 14TR – (prior 14TR/14) + current TR</p>\n<p>6. Calculate the +DI and -DM values using:</p>\n<p>+DI = (Smoothed +DM / ATR) x 100</p>\n<p>-DI = (Smoothed -DM / ATR) x 100</p>\n<p>7. Calculate the directional movement index (DMI) using the equation:</p>\n<p><strong>DX = ( | +DI - -DI | / | +DI + -DI | ) x 100</strong></p>\n<p>8. Calculating ADX requires the DX for all 14 periods. To calculate the first ADX, divide the sum of all 14 periods of DX by 14. For the remaining 13, use the formula:</p>\n<p>ADX = (Previous ADX x 13) + Current ADX) / 14</p>\n<p>The process of computing the ADX is entirely automated, so there is no need to manually apply the formulas to calculate the final indicator.</p>\n<p>Other commonly used indicators in trading are the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-accumulation-distribution-indicator/">Accumulation/Distribution Indicator</strong></a>, <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-moving-average-convergence-divergence-macd/">Moving Average Convergence Divergence (MACD)</strong></a>, <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-on-balance-volume-obv/">On-Balance Volume (OBV)</strong></strong></a>, and <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-relative-strength-index-rsi/">Relative Strength Index (RSI)</strong></a>.</p>","level":"medium","meta_title":"What is Average Directional Index (ADX)? 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They are a great alternative to <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-stablecoin/">stablecoins, which are a nightmare for regulators since they act like cash and <strong>can be anonymously used anywhere</strong>. Therefore, stablecoins are treated like the financial products they resemble and are heavily regulated in many jurisdictions.</p>\n<p>Unlike stablecoins, accounting tokens are not backed by <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-fiat/">fiat money</strong></a>. They are only used for accounting purposes and they <strong>represent the amount of money</strong> that a token holder has. Therefore, they can’t be treated as a financial product.</p>\n<p>These tokens are great when there is a limited number of settlement partners. In fact, if the number of participants is small enough, the entire procedure can be completed on the blockchain using the token's <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-smart-contract/">smart contract</strong></a>.</p>\n<p>Besides, accounting tokens are practically like coupons because they don’t necessarily represent a currency, they can also represent goods or services. Though, unlike traditional coupons, they represent an equal amount of the accounted value of these goods or services.</p>\n<p>Accounting tokens are <strong>really secure and compliant</strong>, thanks to the nature of blockchain technology. Businesses can limit potential token holders by adopting a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-know-your-customer-kyc/">KYC/AML process, adding documentation, and keeping the entire process transparent on a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-public-blockchain/">public blockchain</strong></strong></a>.</p>","level":"easy","meta_title":"What is Accounting Token? 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The protocol uses <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-smart-contract/">smart contracts</strong></a> to provide liquidity to the exchange that traders can pool into. These smart contracts are known as <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-liquidity-pool/">liquidity pools</strong></a>.</p>\n<p>Those contributing to the liquidity pool can <strong>earn passive income</strong> via trading fees. The income is calculated based on the percentage of their contribution to the pool. <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/goon/uniswap/" target=\"_blank\" rel=\"nofollow noindex noopener\"><strong>Uniswap</strong></a>, one of the best-known DEX platforms, uses this model of liquidity contributions and asset gains.</p>\n<p>AMM systems were first developed in the 1990s by Shearson Lehman Brothers and ATD. Prior to the development AMMs, people would manually record liquidity-generating trades in <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-order-book/">order books</strong></a>.</p>\n<p>However, order books were considered flawed, as they caused latency in price discovery on different markets. Besides, market makers who kept these books were capable of manipulating the records. <strong>Automated market makers were able to solve these issues and reduce the risk of human error or market fraud.</strong></p>","level":"easy","meta_title":"What is Automated Market Maker (AMM)? Definition & Meaning | Crypto Wiki","meta_description":"Automated Market Maker (AMM) meaning: Automated Market Maker (AMM) - protocol used in decentralized exchanges (DEX) that has liquidity pools users can contribute to.","meta_keywords":null,"language":"en","created_at":"2022-02-11T08:52:23.000000Z","updated_at":"2022-09-20T13:26:00.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-automated-market-maker-amm"},"currentChapter":"A","currentSection":"what-is-average-directional-index-adx","chapterTitle":"A","readingLevel":"medium"},"url":"/crypto/learn/crypto-terms/what-is-average-directional-index-adx","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0"> Crypto Terms: Letter A
What is Average Directional Index (ADX)?
Average Directional Index (ADX) MEANING:
Average Directional Index (ADX) -
an indicator used to measure the strength of a market trend. The ADX is represented by numeric figures between 1 and 100.
Let's find out Average Directional Index (ADX) meaning, definition in crypto,
what is Average Directional Index (ADX),
and all other detailed facts.
The Average Directional Index (ADX) is an indicator used to determine how strong a market trend is. The core idea of the ADX is that if the market appears to be following a strong trend, trading is more likely to bring profit, while the risk is significantly lower.
The ADX was initially created by J. Welles Wilder Jr. in the late 1970s to track daily commodity charts. Nowadays, it has been adopted as an indicator for a broad scope of markets, including crypto.
The ADX is a non-directional indicator. This means that it determines the market trend strength regardless of which direction the prices are fluctuating towards. To assess the strength of the prices moving in positive and negative directions, the Directional Movement System (DMI+ and DMI- indicators) is utilized.
The ADX is represented by a line using figures from 0 to 100. It is typically shown in the same window as the two lines known as directional movement indicators (DMI). DMIs are used to calculate the ADX.
How to Calculate the Average Directional Index (ADX):
1. Calculate Directional Movement (+DM) using the formula:
+DM = Current High - Previous High
2. Calculate -DM using:
-DM = Previous Low - Current Low
3. Select between +DM and -DM based on which option has the higher value.
4. Calculate the True Range (TR) using one of the following:
Current high - Current low; Current low - Previous close; Current high - Previous close
5. Calculate the smoothed 14-period averages of the TR, the +DM, and –DM using:
First 14TR = Sum of first 14 TR readings
Next 14TR = first 14TR – (prior 14TR/14) + current TR
6. Calculate the +DI and -DM values using:
+DI = (Smoothed +DM / ATR) x 100
-DI = (Smoothed -DM / ATR) x 100
7. Calculate the directional movement index (DMI) using the equation:
DX = ( | +DI - -DI | / | +DI + -DI | ) x 100
8. Calculating ADX requires the DX for all 14 periods. To calculate the first ADX, divide the sum of all 14 periods of DX by 14. For the remaining 13, use the formula:
ADX = (Previous ADX x 13) + Current ADX) / 14
The process of computing the ADX is entirely automated, so there is no need to manually apply the formulas to calculate the final indicator.
Other commonly used indicators in trading are the Accumulation/Distribution Indicator, Moving Average Convergence Divergence (MACD), On-Balance Volume (OBV), and Relative Strength Index (RSI).
