User: Violet: Misc: slopechart_DWAC.jpg
slopechart_DWAC.jpg
Just a tidbit about DWAC and an indicator, ADX.
It's not only that the red line is headed up and that green line is going down .
More importantly, to be noted is the Black line because it indicates the Strength of the move.
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It's not only that the red line is headed up [indicating price is moving down], and that the green line is going down [indicating price is not going up].
More importantly, to be noted is the Black line, because it indicates the Strength of the move. 4/26/22