Meander Line

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Dictionary Says

Definition of 'Meander Line'

Lines and boundaries that are established for surveying and mapping. Meander lines are run by surveyors for mapping and surveying purposes for a body of water. The lines are drawn around the lake or pond for the purpose of measuring property that abuts the water.

Investopedia Says

Investopedia explains 'Meander Line'

Meander lines differ from boundary lines, which sometime extend to the center of the body of water. Meander lines usually form a zigzag traverse pattern to match the general boundary of the lake or pond.

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'Meander Line'

  • ADX: The Trend Strength Indicator

    http://www.investopedia.com/articles/trading/07/adx-trend-indicator.asp
    ... as ADX is above 25, it is best to think of a falling ADX line as simply ... ADX will
    meander sideways under 25 until the balance of supply and demand changes again ...

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